Central Bank of Armenia auctions 4.5 billion drams worth long-term bonds

YEREVAN, August 8. / ARKA /. The Central Bank of Armenia said today it has auctioned 4.5 billion drams worth long-term government treasury bonds of AMGB10172218 issue maturing by April 17, 2021.

The total amount of bids was said to have reached 9.87 billion drams, of which 8.89 billion drams were competitive bids. Seven dealers participated in the auction of bonds with average weighted yield of 14.2812% and 14.2813% cut-off point. Profit after placement amounted to 4,291,890,130 drams ($ 1 – 409.49 drams). -0-

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