Armenia’s Central Bank auctions 1.5 billion drams short-term government treasury bonds

Capital market

YEREVAN, November 12. /ARKA/. Armenia’s Central Bank said Monday it has auctioned 1.5 billion drams worth short-term government treasury bonds of AMGT26135135 issue.

According to a Central Bank press release, a total of 1 922 million drams worth bids were made (of them 1 902 were competitive bids).

Six dealers were said to have taken part in the auction of bonds with a 9.8096% yield and 10% cut off point. The income from the placement totaled 1 429 125 434 drams. ($1 – 408.91 drams).—0—

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