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-
