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Armenian CB auctions long term bonds worth 5 billion drams

YEREVAN, September 12. / ARKA /. The Central Bank of Armenia said today it has auctioned 5 billion drams worth long-term government bills of AMGB20172323 issue maturing 17 February 2032.

It said a total of 7.7 billion drams worth bids were made, of which 6.3 billion drams were competitive bids. Six dealers participated in the auction of bonds with 15.6449% yield and 15.6900% cut-off point. Profit after placement amounted to 4,251,798,929 drams. ($ 1 – 409.60 drams). -0-

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