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FINANCE MINISTRY buys out mid-term government bonds

YEREVAN, April 11, /ARKA/. Armenian ministry of finance said it has bought out one billion drams worth mid-term government coupon bonds of AMGN3621A138 issue. It said five dealers took part in the auction.  The total amount of submitted bids amounted to over 3 billion drams. The annual yield on a bond was  11.0700 %.($1 – 391.27 drams).  -0-

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Armenia’s gross reserves up by about USD 100 million, reaching USD5.2 billion in January

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