Armenian Central Bank auctions mid-term Government bonds worth Amd 3 billion

Capital market

YEREVAN, October 16. /ARKA/. On Tuesday, the Central Bank of Armenia sold 36-month AMGN36294159 government bonds worth 3 billion drams, the regulator’s press office reports.

Dealers’ bids at the auction totaled 5 billion 195 million drams, of which 4 billion 625 million competitive and the remaining 570 million noncompetitive bids.

Six dealers took part in the auction.

Yield of Highest Accepted Bids: 14.0500 %. W.A. Yield of Successful Bids: 13.9873 %.

The central bank earned 2 935 732 364 drams from this placement. ($1 – AMD 407.91). -0—

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