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Central Bank Of Armenia Auctions One Billion Drams Worth Bullet Bonds

YEREVAN, November 28. /ARKA/. The Central Bank of Armenia (CBA) said today it has auctioned one billion drams worth treasury securities (bullet maturity bonds) of AMGT13272123 issue with a 13-week maturity period.

According to CBS press release, the bid-to-cover ratio was 1.7000. The amount of total successful bids was 1 000 mln drams of which 144 mln were tendered non-competitive bids.

Six participants were said to have taken part in the auction of bids with 9.8850 % highest yield of accepted bids and 9.2870 % successful bids yield. ($1 – 383.42 drams). –0—

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