Central Bank of Armenia auctions 3 billion drams Government treasury benchmark bonds

YEREVAN, March 19. /ARKA/. The Central Bank of Armenia said it had auctioned today 3 billion drams worth mid-term government treasury benchmark bonds of AMGN60294174 issue with a maturity period of up to April 29, 2017.

It said the amount of submitted bids was 8.28 billion drams, of which 7.56 billion drams were competitive bids.

Seven dealers were said to take part in the auction. The weighted average yield on bonds was 15.2780% and the cutoff point was 15.3200%. The proceeds from auctioning amounted to 2, 759, 703, 279 drams. ($ 1 – 414.52 drams). -0 –

spot_img

POPULAR

S&P: Armenia’s banking sector is well capitalized and highly profitable

Armenia's banking sector remains well capitalized and highly profitable, supported by high net interest income and robust economic growth, according to a report from international rating agency S&P Global Ratings.

A unique greenhouse complex opened in Armenia

A unique greenhouse complex for tomato cultivation, equipped with artificial intelligence, robotics, and the latest technologies, has officially opened in the village of Nor Yedesia in the Aragatsotn region, according to the press service of Acba Bank.

Armenian banks’ investments in securities in the second quarter amounted to 1.92 trillion drams

The total volume of investments by Armenian commercial banks in securities as of the end of June 2026 amounted to 1,922,826,829 thousand drams.

An Armenian Business Founded in a Garage: Games for Live Communication with the Support of Acba Bank

The success story of board games created by David Hovhannisyan began in a small garage near his home. David and his friends created educational games during their student years; as the number of orders grew, they decided to expand the business.

Armenia’s bank rates are responding slowly to the Central Bank’s rate cut, regulator 

Interest rates in Armenia's banking system are adjusting slowly, despite the reduction in the monetary policy rate and short-term market rates.

LATEST NEWS

spot_imgspot_imgspot_img