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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-

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