YEREVAN, May 13./ARKA/. Armenia’s Central Bank auctioned Monday short-term government treasury bonds valued at 1.41 billion drams. The bonds are of AMGT39102148 issue and will mature in 39 weeks.
The Central Bank said 1.41 billion drams worth bids had been made, all of them were competitive bids.
Five dealers were said to participate in the auction. The average weighted yield on a bond was 9.3564%. The cutoff point was 9.5000%. The profit after the placement amounted to 1 316 724 841 drams. ($1 – 415.25 drams).—0-
