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Armenian Central Bank auctions 3 billion drams worth Government bonds

YEREVAN, February 14, /ARKA/. Armenia’s Central Bank said today it has auctioned 3 billion drams worth long-term government bonds of AMGB10172218 issue with a ten year maturity period.

It said overall 4.23 billion drams worth bids had been made, all competitive. Six dealers were said to have taken part in the auction of bonds with a 15.96590% yield and 15.9999% cutoff point.

The auction has generated 2. 668. 330 445 billion drams in profit. ($1 – 406.60 drams). -0-

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