Armenian Central Bank places short-term government bonds worth AMD 412 million

Capital market

YEREVAN, April 26. /ARKA/. On Tuesday, the Central Bank of Armenia placed 11-week AMGT3917А119 treasury government bonds worth AMD 412 million, the press office of the central bank reports.

Bids at the auction totaled AMD 522 million. Of them, AMD 520 million were competitive bids.

Noncompetitive bids from dealers amounted to AMD 2 million.  Four dealers took part in the auction. Yield of Highest Accepted Bids: 9.2000%. W.A. Yield of Successful Bids: 9.1289%. The issue announced earlier amounted to AMD 1 billion. ($1 = AMD 374.92). -0-

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