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Armenian Central Bank places 3 billion drams mid-term government bonds

YEREVAN, October 11. / ARKA /. Armenia’s Central Bank said today it has placed 3 billion drams worth mid-term government treasury (coupon) bonds of AMGN60294166 series with a 5 year maturity period.

The Central Bank said 6 dealers took part in the auction of bonds with average weighted yield of 14.42% and 14.56% cutoff point. It said also a total of 5,740 billion drams worth bids had been made, including 640 million non-competitive bids. ($1 – 375.94 drams ).-0-

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