Armenia’s Central Bank auctions 500 million drams worth short-term (treasury) government bonds

Capital market

YEREVAN, August 12. / ARKA /. Armenia’s Central Bank said it has auctioned today 500 million drams worth short-term (treasury) government bonds of AMGT39125149 issue maturing in 39 weeks.

Overall, over 1.327.4 billion drams worth bids had been made, 1.309.5 billion drams were competitive bids.

Six dealers were said to have taken part in the auction of bonds  with  average  yield of  8.8314% and 8.8500% cut-off. Profit after placement amounted to 468,616,134 drams ($ 1 – 407.48 drams). -0-

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