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Armenia’s CB issued AMD 3-bln medium-term government treasury bonds

YEREVAN, April 16. /ARKA/.Armenia’s Central Bank issued medium-term government treasury bonds valued at 3 billion drams on April 16.

It said bonds of AMGN36294159 series were auctioned with the maturity period till April 29, 2015.
Total of 8.720 billion-dram worth bids were made, of them 7.860 -billion-dram worth competitive bids.

Seven dealers are said to participate in the auction. Average weighted yield stood at 13.5917 %, cut off point –13.8800%. Return on the placement was 2 989 696 033 drams. ($1 – 416.90 drams).—0-

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