YEREVAN, December 18. /ARKA/. The Central Bank of Armenia has placed short-term government treasury bonds of AMGT39169139 series worth a total of 1.5bln drams.
The redemption period is 39 weeks for the bonds, the central bank’s press service reported.
The bids totaled 1.927bln drams, including 1.874bln drams under noncompetitive bids.
Some 7 dealers took part in the auction. Average bond yield was 10.7530%, the cutting point was 11.0000%. The profit after the placement totaled 1, 386, 906, 428 drams ($1=407.34drams). –0–
