Armenia’s Central Bank auctions 1.2 billion drams worth short-term government treasury bonds

Capital market

YEREVAN, December 3. /ARKA/. Armenia’s Central Bank said Monday  it had auctioned 1.2 billion drams worth short-term government treasury bonds of AMGT5202C130 issue with a 52-week maturity period.

According to a Central Bank press release, a total of 1.5 billion drams worth bids were made, and demand was valued at 1.2 billion drams (all competitive bids).

Five dealers were said to have taken part in the auction of bonds with a 10.7236% yield and 11.0300% cut off point. ($1 – 405.32 drams). —0—

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