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

Capital market

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—

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