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Armenia’s Central Bank auctions 500 mln drams short-term Government treasury bonds

Capital market

YEREVAN, May 14. /ARKA/. Armenia’s Central Bank said Monday it has auctioned 500 million drams worth short-term government treasury bonds of AMGT2612B125 issue with a 26-week maturity period.

According to a Central Bank press release, a total of 1, 514 million drams worth bids were made, of them 14.2 million drams- in non-competitive bids.

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

Four dealers were said to have taken part in the auction of bonds with a 8.3073%, yield and 8.4%. cut off point. ($1 – 393.41 drams).—0–

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