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Central Bank of Armenia places 4 billion drams worth long-term government treasury bonds

YEREVAN, June 9. / ARKA /. The Central Bank of Armenia said today it has placed 4 billion drams worth long-term government treasury bonds of AMGB20072283 series.

It said seven dealers took part in the auction. Overall, 6.9 billion drams worth bids had been made, including 1.2 billion drams of non-competitive bids. The average weighted yield on a bond was 16.1929%, the cutoff point was 16.3000%. ($1 – 376.48 drams). -0-

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