Armenia’s Central Bank auctions 1.35 billion drams worth short-term government treasury bonds

Capital market

YEREVAN, May 7. /ARKA/. Armenia’s Central Bank said Monday it had auctioned 1.35 billion drams worth short-term government treasury bonds of AMGT5204B130 issue.

According to the press release, a total of 1 350 million drams worth bids were made (all competitive bids).

Seven dealers were said to have taken part in the auction of bonds with an average weighted yield of 10.3591% and 10.75% cut off point. The received profits from bonds placement stood at 1 222 004 653 drams. ($1 – 405.96 drams).—0—

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