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Armenian Central Bank auctions long-term government bonds worth AMD 4 billion

Capital market

YEREVAN, September 17. /ARKA/. On Tuesday, the Central Bank of Armenia sold AMGN60294182 long-term government bonds worth 4 billion drams, the regulator’s press office reports.

Redemption deadline is September 17, 2018.

Bids at the auction totaled 8.5 billion drams, of which 7.7 billion competitive bids.
Seven dealers took part in the auction.

Yield of Highest Accepted Bids: 13.6737 %. W.A. Yield of Successful Bids: 13.7500 %.

Profit from the auction amounted to 3 661 946 525 drams. ($1 – AMD 409.41). —0—-

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