Central Bank auctions 0.5 billion dram worth bonds

YEREVAN, June 3. / ARKA /. Armenia’s Central Bank said it had auctioned today 500 million drams worth government treasury bonds of AMGT52026141 issue with a maturity period of  52 weeks.

It said the amount of bids was about 1.6 billion drams, of which 1.55 billion drams were competitive bids. Six dealers were said to take part in the auction of bonds  with average yield of  9.3243% and 9.4664% cut-off point. After –placement profit made 456.9 million drams. ($ 1 – 417.19 drams).  -0-

spot_img

POPULAR

”Teach For Armenia” is the June beneficiary of the ”Power of One Dram”

The May beneficiary of the ''The Power of One Dram'' initiative was the ''Vahe Meliksetyan'' Foundation.

Central Bank of Armenia does not expect a significant inflationary effect from the increase in excise taxes

Raising excise taxes on certain goods will not lead to significant inflationary consequences in Armenia, according to Central Bank Chairman Martin Galstyan.

Moody’s Ratings affirms Unibank’s B1 ratings with a stable outlook

Moody's Ratings affirmed Unibank B1 long-term local and foreign currency bank deposit ratings and maintained the stable outlook.

Armenia to Raise Dividend Tax on Banks Starting in 2027

At its session on Thursday, the National Assembly of Armenia adopted amendments to the Tax Code and the RA Law "On State Duty" in the first reading.

Reverse mortgages for pensioners and new property rights for spouses are being introduced in Armenia

At its session on Thursday, the National Assembly of Armenia adopted in the first reading amendments to the Civil Code of the Republic of Armenia, introducing the concept of reverse mortgages and a new type of property rights for spouses.

LATEST NEWS

spot_imgspot_imgspot_img