Armenia’s Central Bank auctions 1.5 billion drams short-term government bonds

YEREVAN, January 29. / ARKA /. Armenia’s Central Bank said it has auctioned today 1.5 billion drams worth short-term government treasury bonds of AMGT13304132, AMGT26307130 and AMGT3929A131 issues, each 500 million drams maturing in 13, 26 and 39 weeks respectively.

The total volume of submitted bids for AMGT13304132 issue totaled 1.55 billion drams, all competitive. The auction was attended by five dealers. The weighted average yield on a bond was 9.3199% with 9.4500% cutoff point. The profit amounted to 488,491,773 drams.

The total volume of submitted bids for AMGT26307130 issue was 1.675 billion drams, all competitive bids. The auction was attended by 7 dealers. The weighted average yield on a bond was 9.3979% with 9.5000% cutoff point. The profit after placement was 477,321,612 drams.

The total volume of submitted bids for AMGT3929A131 issue was 2.020 billion drams, all competitive. The auction was attended by eight dealers. The weighted average yield on a bond was 10.0000% with 10.0000% cutoff point. Profit after placement was 464,756,004 drams. ($ 1 – 406.29 drams). -0-

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