Central bank of Armenia places 1.5 billion drams worth short-term government treasury bonds

Capital market

YEREVAN, July 18. / ARKA /. The Central Bank of Armenia said today it has placed 1.5 billion drams worth short-term government treasury bonds of AMGT39164122 series with a 39 week maturity period.

The Central Bank said a total of 3.990 billion drams worth bids had been made, including 3.882 billion competitive bids. The Treasury Depository made 100,000 drams worth non-competitive bids. Five dealers were said to take part in the auction of bonds with 9.0860% yield and 9.2320% cutoff point. ($1 – 367.07 drams). M.M. -0-

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