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Central Bank of Armenia auctions 2 billion drams state treasury benchmark notes

YEREVAN, November 15. / ARKA /. The Central Bank of Armenia said it has auctioned today 2 billion drams worth treasury benchmark notes of AMGB07172189 issue with a maturity period of 7 years.

It said the amount of submitted bids was 3.280 billion drams, of which 3.1 billion drams were competitive bids.

Seven dealers were said to take part in the auction. The weighted average yield on bonds was 15.4197% and the cutoff point 15.4763%. The proceeds from auctioning amounted to 1.8 billion drams. ($ 1 – 408.77 drams). -0 –

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