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

YEREVAN, May 7. /ARKA/. Armenia’s Central Bank said Monday it has auctioned 1.5 billion drams worth short-term government treasury bonds of AMGT13275134, AMGT26268134, AMGT3925B133 issues (500 mln drams worth each ) with 13, 26 and 39- week maturity periods respectively.

According to a Central Bank press release, a total of 970 million drams worth bids were made for AMGT13275134 issue (all competitive bids).Four dealers are said to have take part in the auction with a 9.2050 % average weighted yield and 9.2500 cut-off point. Return after the placement stood at 488 630 452 drams.

A total of 1,250 billion drams worth bids were made for AMGT26268134 issue bonds (all competitive bids). Five dealers are said to have take part in the auction with a 9.3441 % average weighted yield and 9.3800 % cut-off point. Return after the placement stood at 477 ,445, 704 drams.

A total of 1,448 billion drams worth bids were made for AMGT3925B133 issue (all competitive bids). Seven dealers are said to have take part in the auction with a 9.5012 % average weighted yield and 9.5995 % cut-off point. Return after the placement stood at 466 395 957 drams. ($1 – 407.49 drams).—0-

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