Central Bank auctions 0.5 billion drams short-term government bonds

Capital market

YEREVAN, July 23. /ARKA/.  The Central Bank of Armenia said it has auctioned today 500 million drams worth short-term government bonds of AMGT1322A120 issue . It said a total of 622 million drams bids were made, including 2 million drams worth non-competitive bids. The auction was attended by two dealers. The average weighted yield on a bond was 8.9541%  ($1 – 411.94 drams).  -0-

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