Mon, 27 October
6.1 C
Yerevan
USD: 383.05 RUB: 4.73 EUR: 444.80 GEL: 141.19 GBP: 510.03

Central Bank of Armenia auctions 3 billion drams worth long-term government bonds

YEREVAN, May 8. / ARKA /. The Central Bank of Armenia said it has auctioned today 3 billion drams worth long-term government bonds of AMGB10172218 issue with a maturity of up to 17 February 2021. The total amount of submitted bids was 7.5 billion drams, of which 6.8 billion drams were competitive bids.

Seven dealers were said to have taken part in the auction. The average weighted yield on a bond was 15.4334% with a cut-of point of 15.4334%. The profit after placement amounted to 2.6 billion drams ($ 1 – 415.17 drams). -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img