Armenian Central Bank auctions one billion drams short-term bonds

YEREVAN, March 11. / ARKA /. The Central Bank of Armenia said it has auctioned today short-term government bonds worth one billion drams of AMGT52103148 issue with a maturity period of 52 weeks.

The total volume of submitted bids amounted to 2.381.190 billion drams, of which 2.281.190 billion drams were competitive bids.

The auction was attended by six dealers. The average weighted yield of a bond was 9.7053% with 9.7315% cutoff point. Profit after placement was 910,638,071 drams ($ 1 – 410.58 drams). -0-

spot_img

POPULAR

A mechanism for restructuring banks instead of liquidation has been introduced in Armenia

At an extraordinary meeting on Friday, the National Assembly of Armenia adopted the law “On Bank Restructuring” and a number of related laws in the second and final reading.

Fabrizio Zarcone Takes on Expanded Role as World Bank Group Country Manager for Armenia

Effective today, Fabrizio Zarcone becomes the World Bank Group Country Manager for Armenia, unifying country-level leadership across the institution to better support Armenia's public and private sector needs.

Armenia Increases Participant Limit for Non-Public Investment Funds from 49 to 99

At an extraordinary session on Friday, the National Assembly of Armenia adopted an amendment to the Law "On Investment Funds" in its second and final reading.

Three-day Financial Literacy Course at the FAST Foundation’s AI Camp: Idram&IDBank

Idram and IDBank conducted a series of three-day financial literacy training sessions for over 460 participants of the AI Camp organized by the FAST Foundation.

Artur Nakhshikyan has joined the Supervisory Board of Unibank

Artur Nakhshikyan, Director of Operational Risk Management at the Black Sea Trade and Development Bank, has been elected as an independent member of Unibank’s Supervisory Board.

LATEST NEWS

spot_imgspot_imgspot_img