Armenia’s Central Bank auctions 1.5 billion drams short-term Government treasury bonds

Capital market

YEREVAN, May 7. /ARKA/. Armenia’s Central Bank said Monday it has auctioned 1.5 billion drams worth short-term government treasury bonds of AMGT52065131 issue with a 52-week maturity period.

According to a Central Bank press release, a total of 2, 850 billion drams worth bids were made (all competitive bids).

The Treasury Depository did not make any non-competitive bids.

Five dealers were said to have taken part in the auction of bonds with a 9.2489% yield and 9.35% cut off point. ($1 – 391.86 drams).—0—

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Armenian Central Bank’s total liabilities amounted to 1 105.6 trillion drams as of December 31, 2011
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