Armenia’s Central Bank auctions short-term government treasury bonds worth of 500 million dram

YEREVAN, June 25. /ARKA/. Armenia’s Central Bank said Tuesday it had auctioned short-term government treasury bonds worth of 500 million drams of AMGT52246145 issue with a 52-week maturity period.

According to the Central Bank, a total of 1.57- billion- dram worth bids were made (all competitive bids).

Five dealers were said to have taken part in the auction of bonds with a 9.0786% yield and 9.1700% cut off point. Return on the placement hit 457 961 453 drams ($1 – 411.64 drams).—0—

spot_img

POPULAR

Central Bank raised the rate: what could happen to loans and deposits – and why not right away

The Central Bank of Armenia's increase in the monetary policy rate to 6.75% does not automatically and immediately lead to higher rates on bank loans and deposits.

Armenia’s sovereign rating increase should lower interest rates, but external factors are putting inflationary pressure on the country: Pashinyan

During government hour in parliament on Wednesday, Armenian Prime Minister Nikol Pashinyan raised the possibility of raising interest rates on loans.

Central Bank Chairman Doesn’t Rule Out Hike in Loan Rates in Armenia

Central Bank of Armenia Chairman Martin Galstyan didn't rule out an increase in loan interest rates in the country if the monetary policy tightening cycle continues.

Central Bank of Armenia raised its interest rate for the first time in over three years, to 6.75%

At its meeting on Tuesday, the Board of the Central Bank of Armenia decided to raise the monetary policy rate by 0.25 percentage points to 6.75%.

Central Bank of Armenia raised its monetary policy rate for the first time in over three years: how it has changed since the end...

Yesterday, the Central Bank of Armenia raised its monetary policy rate for the first time in over three years. After setting the rate at 10.75% in December 2022, it remained unchanged for several months, and in June 2023, the Central Bank began a gradual rate reduction cycle.

LATEST NEWS

spot_imgspot_imgspot_img