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Armenian banks investments into (STB) increased by 3.6% in March

YEREVAN, May 18. / ARKA /. Armenian commercial banks’ investments into state treasury bonds (STB) in 2011 March increased by 3.6% from February to 138 billion drams, the Central Bank of Armenia (CBA) said in a report on aggregated money and credit indicators for March.

In March resident investments in state treasury bonds increased by 2.1% from February to 175.6 billion drams. According to the report, banks accounted for 78.4% of all investments in STB, the Central Bank accounted for 11.9% and non-bank agents, dealers and other investors for 9.4%.

The report says also total investments in STB (resident and non-resident) rose in March 2011 by 2.1% to 175.9 billion drams. ($1 – 373.74 drams).-0-

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