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Armenia’s CB auctioned yesterday 1.5-bln-dram worth short-term government treasure bonds

YEREVAN, March 5. /ARKA/. Armenia’s Central Bank said Monday it had auctioned 1.5- billion-dram worth short-term government treasury bonds of AMGT5203314 issue with a 52-week maturity period.

According to the Central Bank press release, a total of 2.35- billion- dram worth bids were made (2.25 billion on competitive bids).

Six dealers were said to have taken part in the auction of bonds with a 9.7841 % yield and 9.9000% cut off point. Return after the placement stood at 909, 977, 707 drams. ($1 – 409.24 drams).—0—

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