Volume of placed government bonds in Armenia was 500 million drams

Capital market

YEREVAN, March 19. /ARKA/. Central Bank of Armenia on Monday placed 39-week AMGT3917C123 short-term government bonds in the amount of 500 million drams, press-service of CBA informed ARKA News Agency.
According to the press-release, the volume of the submitted applications was over 1 070  million drams, all by competitive applications of dealers.
Three dealers participated in the auction. Weighted average profitability of the bonds was  8.7498%. Volume of earlier  announced issue was 500 million drams. ($1 – 388.75 drams). –0-

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