Armenia’s Central Bank auctions 1.5 bln dram-worth short-term Government treasury bonds

Capital market

YEREVAN, June 11. /ARKA/. Armenia’s Central Bank said Monday it has auctioned 1.5 billion dram- worth short-term government treasury bonds of AMGT2610C125 issue with a 26-week maturity period.

According to a Central Bank press release, a total of 950 million dram- worth bids were made by dealers (all on competitive bids).

Three dealers are said to have taken part in the auction of bonds with a 8.4529% yield and 8.5500% cut off point. ($1 – 412.75 drams).—0–

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