Central Bank auctions 2.5 billion mid-term government bonds

Capital market

YEREVAN, January 17. /ARKA/. The Central Bank of Armenia said it has auctioned today 2.5 billion drams worth mid-term government bonds of AMGN36294142 issue with a maturity period of 36 months.

It said 7 dealers took part in the auction of bonds, who submitted 3.795 billion drams worth bids, including 220 million non-competitive bids. The average yield on a bond was 13.6248%; the cutoff point was 13.7800%. ($1 – 389 drams). -0-

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