Armenia’s regulator auctions midterm bonds worth AMD 4 billion

Capital market

YEREVAN, August 20. /ARKA/. The Central Bank of Armenia placed today AMGN36294167 mid-term government bonds worth AMD 4 billion, the regulator’s press office reports.

The bonds must be redeemed before April 29, 2016.

Bids at the auction totaled AMD 6.1 billion, of which AMD 5.24 billion competitive bids.
Seven dealers took part in the auction.

Yield of Highest Accepted Bids: 13.0000%. W.A. Yield of Successful Bids: 12.8436 %.

Profits from the placement amounted to AMD 3 869 908 665. ($1 – AMD 406.42). -0—-

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