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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-

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