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Armenian Central bank places long-term government bonds worth AMD 3 billion

YEREVAN, September 8. /ARKA/. On Thursday, the Central Bank of Armenia placed long-term AMGB20072283 government bonds worth AMD 3 billion, the press office of the central bank reports.

Six dealers bade at the auction. Bids at the auction totaled AMD 5291 million. Of them, AMD 5006 million were competitive bids. Noncompetitive bids amounted to AMD 285 million.

Yield of Highest Accepted Bids: 16.1600%. W.A. Yield of Successful Bids: 16.1360%. ($1 = AMD 370.73). -0-

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Insurance market of Armenia is in embryonic state

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