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Armenian Central Bank auctions mid-term government bonds worth AMD 3 billion

YEREVAN, November 20. /ARKA/. On Tuesday, the Central Bank of Armenia sold AMGN36294159 three-year government bonds worth 3 billion drams, the regulator’s press office reports.

Bids at the auction totaled 3 billion 191 million drams, of which 2 billion 960 million were competitive bids.

Seven dealers took part in the auction.

Yield of Highest Accepted Bids: 14.0623 %. W.A. Yield of Successful Bids: 14.2700 %. Profits from the auction amounted to AMD 2 813 772 603. ($1 – AMD 407.3).–-0—

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