Armenia’s Central Bank places long-term gilts worth 4bln

Banks

YEREVAN, December 13. /ARKA/. Armenia’s Central Banks placed long-term government bonds of AMGT26106136 series worth a total of 4bln drams today, the press service of the Central Bank reports.

Bids submitted totaled some 4.75bln drams, including 420mln drams under noncompetitive bids.
Seven dealers participated in the auction. Average bond yield was 16.4999% with cutoff point at 16.4999%. ($1=405.98drams). –0–

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