Wed, 18 February
6.1 C
Yerevan
USD: 376.83 RUB: 4.91 EUR: 446.28 GEL: 140.74 GBP: 512.34

Central Bank of Armenia auctions one billion drams worth short-term government bonds

YEREVAN, March 29. / ARKA /. The Central Bank of Armenia said today it has placed one billion Drams worth short-term government treasury bonds of AMGT07175118 series with a seven-week maturity period.

According to a Central Bank press release, 1.6 billion drams worth competitive bids had been made and three dealers took part in the auction of bonds with a 6.5% average weighted yield and a 6.7% cutoff point. ($1 – 368.09 Drams). -0-

spot_img

POPULAR

Armenia’s banking system is stable, and a positive impact from TRIPP implementation is expected: UBA head

Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.

AMX conducted auctions for placement and redemption of government bonds totaling 28.3 billion drams

On February 10, the Armenia Stock Exchange (AMX) executed a government bond placement auction amounting to 20 billion drams, alongside a government bond redemption auction totaling 8.3 billion drams.

Unibank Becomes  A-Level Member of Armenian- British Business Chamber

Unibank is pleased to announce its A-Level membership in the Armenia British Business Chamber (ABBC), marking an important milestone in strengthening its international cooperation and actively engages with the global business community.

Armenia proposes clarifying the procedure for compensating social expenses

Armenia plans to bring the procedure for compensating social expenses for citizens who declare their income into line with amendments to the Tax Code, announced Finance Minister Vahe Hovhannisyan.

Head of the Union of Banks of Armenia named the riskiest lending sectors

Daniel Azatyan, the head of the Union of Banks of Armenia, identified mortgage and consumer lending as areas that require attention in the context of the risk of credit market overheating.

LATEST NEWS

spot_imgspot_imgspot_img