Central Bank auctions midterm government bonds worth AMD 4 billion

Capital market

YEREVAN, July 16. /ARKA/. On Tuesday, the Central Bank of Armenia released 4 billion drams worth midterm government bonds of AMGN36294167 issue, maturing by April 29, 2016, the regulator’s press office reports.

The total amount of bids was said to make 11.136 billion drams, of which 10.336 billion were competitive bids.

Seven dealers took part in the auction.

Yield of Highest Accepted Bids: 13.0331%. W.A. Yield of Successful Bids: 12.9037 %.

Profits from the auction totaled 3,818,857,501 drams. ($1 – AMD 410.24). —0—-

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