Central Bank of Armenia places 2.5 billion drams mid-term government (treasury) coupon bonds

Capital market

YEREVAN, May 17, /ARKA/. The Central Bank of Armenia (CBA) said today it has placed 2.5 billion drams worth mid-term government (treasury) coupon bonds of AMGN36294142 series with a 6 year maturity period.

It said 7 dealers took part in the auction. Overall, 7.3 billion drams worth bids were made, including 910 million drams worth non-competitive bids. The average yield on a bond was 13.3896% with a 13.4900% cutoff point. ($1 – 373.66 drams). -0-

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