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

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—

spot_img

POPULAR

No liquidity shortage in Armenia, question is about business readiness: Central Bank Chairman

There is no liquidity shortage in Armenia, but the question remains about whether businesses meet investor requirements, according to Central Bank Chairman Martin Galstyan.

Demand and potential economic problems: head of the Central Bank of Armenia named the reason for the rate hike and the conditions for its...

The decision of the Board of the Central Bank of Armenia to raise the refinancing rate was primarily due to excessive demand factors, Central Bank Governor Martin Galstyan stated in response to a question from ARKA news agency.

Central Bank Chairman Doesn’t Rule Out Hike in Loan Rates in Armenia

Central Bank of Armenia Chairman Martin Galstyan didn't rule out an increase in loan interest rates in the country if the monetary policy tightening cycle continues.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (September 7–13)

Armenia's financial agenda last week focused primarily on the capital market, the banking sector, government borrowing, and the development of payment infrastructure.

IDBank in Monaco: Armenian Financial Innovation on a Prestigious International Stage

During the two-day exhibition held in Monte Carlo, Armenia and Armenian products were showcased to the international community, ranging from fine jewelry and diamond manufacturing to innovative banking solutions.

LATEST NEWS

spot_imgspot_imgspot_img