Armenian Central Bank auctions long-term government bonds worth AMD 4 billion

Capital market

YEREVAN, March 14. /ARKA/. On Thursday, the Central Bank of Armenia sold AMGB20172323 long-term government bonds worth 4 billion drams, the regulator’s press office reports.

The bonds will be redeemed on February 17, 2032.

Bids at the auction totaled 6552.5 million drams, of which 6250 million were competitive bids.
Seven dealers took part in the auction.

Yield of Highest Accepted Bids: 16.4337%. W.A. Yield of Successful Bids: 16.4444%.

Profits from the placement amounted to AMD 3 266 933 564. ($1 – AMD 414.28). —0—

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