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Central Bank auctions 1.5 billion drams worth short-term Government treasury bonds

YEREVAN, April 16. /ARKA/. Armenia’s Central Bank said today it has auctioned 1.5 billion drams worth short-term government treasury bonds of AMGT39141138 issue with 39-week maturity period.

According to the press release, a total of 3 513 billion drams worth bids were made, of which 3 413 billion were competitive bids.

The Treasury Depository made 100- million worth non-competitive bids.

Six dealers were said to have taken part in the auction of bonds with a 8.8523% yield and 9.0000% cut off point. The volume of earlier emission was 1.5 billion drams. ($1 – 392.19 drams).—0–

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