Armenian Central Bank placed state bonds in the amount of 500 million drams

YEREVAN, April 11. /ARKA/. On Monday Armenian Central Bank placed 26-week AMGT2610A111 short-term state treasury coupon bonds in the amount of 500 million drams.

Six dealers participated in the auction. Total volume of submitted applications was 1 668 million drams, of which about 1 568 million drams – by competitive applications. The volume of non-competitive applications by the dealers was 100 million drams.

Weighted average profitability of the bonds was 8.2500% annually. Volume of earlier announced emission was 500 million drams ($1 – 373.05 drams). –0–

spot_img

POPULAR

IDBank, Visa, and Wizz Air Launch New Travel Privileges in Armenia

IDBank is the first in the CIS and Southeastern Europe to introduce the new Visa Wizz Air Platinum co-branded travel card.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (September 7–13)

Armenia's financial agenda last week focused primarily on the capital market, the banking sector, government borrowing, and the development of payment infrastructure.

Central Bank of Armenia raised its monetary policy rate for the first time in over three years: how it has changed since the end...

Yesterday, the Central Bank of Armenia raised its monetary policy rate for the first time in over three years. After setting the rate at 10.75% in December 2022, it remained unchanged for several months, and in June 2023, the Central Bank began a gradual rate reduction cycle.

Armenia’s sovereign rating increase should lower interest rates, but external factors are putting inflationary pressure on the country: Pashinyan

During government hour in parliament on Wednesday, Armenian Prime Minister Nikol Pashinyan raised the possibility of raising interest rates on loans.

Central Bank raised the rate: what could happen to loans and deposits – and why not right away

The Central Bank of Armenia's increase in the monetary policy rate to 6.75% does not automatically and immediately lead to higher rates on bank loans and deposits.

LATEST NEWS

spot_imgspot_imgspot_img