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Central Bank of Armenia auctions 4 billion drams worth long-term bonds

YEREVAN, July 9. / ARKA /. The Central Bank of Armenia said it has auctioned today 4 billion drams worth long-term government bonds of AMGN60294182 issue with a maturity period until April 29, 2018.

It said the total amount of bids rose to 8.57 billion drams, of which 7.81 billion drams were competitive bids.

Six dealres were said to participate in the auction of bonds with 13.7012% yield and 13.7713% cut-off point. Profit after placement was said to amount to 3,566,993,534 drams ($ 1 – 411.76 drams). -0-

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