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Armenian banks’ investments in government bonds late in 2011 December stood at 121.9 billion drams

YEREVAN, February 14. /ARKA/. Armenian banks’ investments in securities (government bonds) at the end of December 2011 stood at 121.9 billion drams, by 26.7% less than in November, according to a Central Bank report on aggregated money and credit indicators for December. Overall, as of December 31, Armenian residents investments in government bonds stood at about 209.7 billion drams, a 0.1% increase from the previous month.

According to the report, the banks accounted for 58.1% of all investments in government bonds. The share of Central Bank’s investment in State Treasury Bonds (STB) amounted to about 30.8%, and that of non-bank agents, dealers and investors to 10.9%.

According to the report, total (residents and nonresidents) investments in STB at 31 December amounted to about 210 billion drams, which was 0.2% more than  in November. ($1 – 388.34 drams). -0-

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