Thu, 23 October
18.1 C
Yerevan
USD: 382.54 RUB: 4.70 EUR: 443.29 GEL: 140.81 GBP: 510.19

Central Bank of Armenia auctions 4.5 billion drams worth long-term government bonds

YEREVAN, June 13. /ARKA/. The Central Bank of Armenia said it had auctioned today 4.5 billion drams worth long-term government bonds of AMGB20172323 issue maturing before February 2032.

It said the total amount of bids amounted to 13.165 billion drams, of which 11.74 billion were competitive. Seven dealers took part in the auction of bonds with average weighted yield of 15.8326% and 15.8900% cut-off point. The after-placement profit amounted to 3.9 billion drams. ($1 – 410.83 drams). -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia is experiencing an investment boom: opportunities, barriers and main misconceptions

Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.

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.

LATEST NEWS

spot_imgspot_imgspot_img