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Armenia’s CB issued AMD 2-bln medium-term government treasury bonds

YEREVAN, April 9./ARKA/.Armenia’s Central Bank issued medium-term government treasury bonds valued at 2 billion drams on April 9.

It said bonds of AMGN60294174 series were auctioned with the maturity period till April 29, 2017.
Total of 6.645 billion-dram worth bids were made, of them 6.010-billion-dram worth competitive bids.

Seven dealers are said to participate in the auction. Average weighted yield stood at 14.9824%, cut off point –14. 9834%. Return on the placement was 1 870 525 863 drams. ($1 – 418.51 drams).—0-

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