YEREVAN, July 11. /ARKA/. Armenia’s Central Bank said Thursday it had auctioned short-term government treasury bonds worth of 500 million drams of AMGT39104144 issue with a 39-week maturity period.
According to the Central Bank, a total of 1.5- billion- dram worth bids were made (1.42-billion-dram worth bids were competitive).
Three dealers were said to have taken part in the auction of bonds with a 8.9643%yield and 9.0000 % cut off point. Return on the placement hit 468 173 947 drams ($1 – 411.50 drams).—0—
