CENTRAL BANK auctions 1.5 billion drams short-term government treasury bonds

YEREVAN, April 2. /ARKA/. Armenia’s Central Bank said today it has auctioned 1.5 billion drams worth short-term government treasury bonds of AMGT52014139 issue with a 52-week maturity period.
According to a Central Bank press release, a total of 2.916 billion drams worth bids were made, of which 2. 856 billion were competitive bids. The Treasury Depository did not make non-competitive bids. Five dealers were said to have taken part in the auction of bonds with a 9.2778% yield and 9.4% cut off point. ($1 – 390.64 drams). -0-