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Central Bank of Armenia to place 8 billion drams worth bonds in November

YEREVAN, November 1. / ARKA /. The Central Bank of Armenia said it will place in November a total of 8 billion drams worth mid-term government bonds. The bonds of AMGN60294174, AMGB07172189 and AMGN36294159 issues, worth 3, 2 and 3 billion drams respectively, will be placed on November 13, 15 and 20.

The profitability of bonds will be 11%, 12% and 10.50%. respectively, the Central Bank said. Payments on coupon bonds will be made every six months.

On November 13, 14 and 20 the Central Bank will buy out mid-term government bonds of AMGB20072283, AMGN60294166 and AMGN3621A138 issues worth a total of f 2.25 billion drams (750 million, 750 million and one billion drams respectively). ($ 1 – 405.52 drams). -0-

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