Armenia’s Central Bank auctions 1- billion- dram long-term government treasury bonds

Capital market

YEREVAN, March 28. /ARKA/. Armenia’s Central Bank said Thursday it had auctioned 1-billion- dram worth long-term government treasury bonds of AMGT52273149 issue with a 52-week maturity period.

According to the Central Bank, a total of 1,658- billion- dram worth bids were made (of them 1,590 –on competitive bids).

Four dealers were said to have taken part in the auction of bonds with a 9.4405 % yield and 16.4444% cut off point. Return on the placement was 912 863 878 drams ($1 – 418.51 drams).—0—

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