YEREVAN, June 10. / ARKA /. Armenian commercial banks’ investments in state treasury bonds dropped in April 2011 by 11.7% from March to a total of 121.9 billion drams, the Central Bank of Armenia said in a report on aggregated fiscal indicators for April.
According to the report, at the end of April overall investments in state treasury bonds (both of residents and non-residents) stood at 180 billion drams, a 2.5% rise from March. The report says that banks accounted for 67.7% of all investments in state treasury bonds, Central Bank accounted for 21.9% and non-banking agents, dealers and investors for 10.4%. ($1 – 376.63 drams). -0-
