YEREVAN, December 20. /ARKA/. Armenia’s Central Bank said Thursday it had auctioned long-term government treasury bonds of AMGB10172218 issue valued at 1.31 billion drams with a ten-year maturity period.
It said 1.970 billion drams worth bids were made, of them 1.740 billion drams worth competitive bids.
Seven dealers were said to participate in the auction. The average weighted yield of the bonds stood at 15.9953% at 15.9999 percent cut-off point. The revenue after the placement totaled 1 137 140 658 drams. ($1 – 406.50 drams). —0-
