Central Bank auctions 500 million dram worth short-term bonds

YEREVAN, January 16. /ARKA/. The Central Bank of Armenia said it has auctioned today 500 million Drams worth short-term government treasury bonds of AMGT3915A129 issue with a 39- week maturity period.

According to a Central bank press release, the total volume of submitted bids amounted to 1.187 billion drams, of which 1.137 billion drams were competitive bids. The Treasurer’s depository submitted a 50 million noncompetitive bid.

Four dealers were said to take part in the auction of bonds with weighted average yield of 10.7574% and 10.9700% cut-off point. ($1 – 388.16 AMD).-0-

spot_img

POPULAR

Armenia has introduced a new model for assessing public debt sustainability

Armenia has introduced a new model for assessing public debt sustainability, while maintaining the previous ones.

Armenia’s gross reserves rose to $5.5 billion in February, providing 4.1 months of import coverage – WB

Gross reserves in Armenia increased, reaching $5.5 billion at the end of February, equivalent to 4.1 months of import coverage, according to the World Bank's "Armenia Monthly Economic Update – March 2026."

Central Bank of Armenia and banks are ready to tighten mechanisms to combat telephone fraud – Galstyan

The Central Bank of Armenia, together with banks, is ready to introduce stricter mechanisms to prevent telephone fraud, stated regulator head Martin Galstyan, responding to a question from the ARKA news agency.

Central Bank of Armenia may switch to hawkish rhetoric and raise rate – Freedom Broker Armenia (EXCLUSIVE)

The likelihood of the Central Bank of Armenia switching to tougher monetary rhetoric and potentially raising the rate in the short term may increase, Rafael Mkrtchyan, Head of Corporate Finance at Freedom Broker Armenia, told ARKA news agency.

Tokenization could change the investment philosophy in Armenia – expert

Tokenization is a serious mechanism that could change the investment philosophy in Armenia, noted Felix Vartanov, CEO and shareholder of the investment and holding company BlackRiver Capital (Dubai).

LATEST NEWS

spot_imgspot_imgspot_img