Investments of commercial banks of Armenia into state bonds reduced by 1% to 136.4 billion drams in July 2011

YEREVAN, September 9. /ARKA/. In July 2011 Armenian banks invested over 136.4 billion drams in state bonds which is less than the indicator of June by 1%, states the report of CBA “Summarization of monetary-credit indicators”. In July, the residents of Armenia invested over 182 billion drams in state bonds (increase of 1.8% compared to the last month).

The share of banking investments in total volume of state bonds was 74.9%. The share of investments of Central Bank of Armenia in the state bonds was about 15.8% and non-banking agents, dealers and investors – 9.3%.

Total (residents and non-residents) investments in the state bonds in July were about 182.1 billion drams which is by 1.8% more than the indicator of June. ($1 – 371.92 drams). –0–

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