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

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—

spot_img

POPULAR

Acba Bank and “Armenian Programs” have simplified banking operations for businesses

As part of the collaboration between Acba Bank and Armenian Programs, banking operations and accounting have been combined into a single, integrated system.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (September 14–20)

This week, Armenia's financial agenda was shaped by changes in monetary policy direction, the cost of bank funding, inflation, and the situation in the foreign exchange market.

Governor of the Central Bank of Armenia discussed economic risks and prospects and capital market development with the IMF delegation

On Wednesday, at the opening meeting with the IMF mission delegation to Armenia, led by Alexander Timan, the Governor of the Central Bank of Armenia, Martin Galstyan, discussed recent macroeconomic developments, economic prospects, and key risks.

IDBank in Monaco: Armenian Financial Innovation on a Prestigious International Stage

During the two-day exhibition held in Monte Carlo, Armenia and Armenian products were showcased to the international community, ranging from fine jewelry and diamond manufacturing to innovative banking solutions.

Central Bank rate hike will not have a significant impact on market sentiment and investment activity in Armenia – Freedom Broker Armenia CEO

Freedom Broker Armenia Director Hovak Hovakimyan does not expect the Central Bank rate hike to have a significant impact on market sentiment and investment activity in the local market.

LATEST NEWS

spot_imgspot_imgspot_img