Central Bank of Armenia places 2.5 billion drams worth mid-term government bonds

Capital market

YEREVAN, May 10, /ARKA/. The Central Bank of Armenia said today it has placed 2.5 billion Drams worth mid-term coupon (treasury) government bonds of AMGN60294166 series.

It said seven dealers took part in the auction. The volume of bids amounted to 4.375 billion Drams, including 465 million Drams of non-competitive bids. The average yield on a bond was be 14.5638 %, the cutoff point was 14.7734 %.. ($1 – 372.84 Drams). -0-

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