Central Bank of Armenia auctions 500 million drams worth short-term government bonds of AMGT13234123 issue

Banks

YEREVAN, January 23. /ARKA/. The Central Bank of Armenia said it had auctioned today 500 million drams worth short-term government treasury bonds of AMGT13234123 issue with a 13-week maturity period.

The Central Bank said a total of 1.7 billion drams worth bids had been made, including 52 million drams worth non-competitive bids of the Treasury Depository. Seven dealers were said to have taken part in the auction of bonds with a 10.1723% average weighted yield and a 10.4000% cutoff point. The previously announced amount of the action was 500 million drams. ($1 – 387.96 drams).-0-

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