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

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—-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (September 14–20)

This week, Armenia's financial agenda was shaped by changes in monetary policy direction, the cost of bank funding, inflation, and the situation in the foreign exchange market.

Central Bank raised the rate: what could happen to loans and deposits – and why not right away

The Central Bank of Armenia's increase in the monetary policy rate to 6.75% does not automatically and immediately lead to higher rates on bank loans and deposits.

IDBank in Monaco: Armenian Financial Innovation on a Prestigious International Stage

During the two-day exhibition held in Monte Carlo, Armenia and Armenian products were showcased to the international community, ranging from fine jewelry and diamond manufacturing to innovative banking solutions.

Unibank Becomes Title Sponsor of Alashkert Football Club

Unibank and a four-time champion of Armenia "Alashkert" Football Club, have expanded their partnership, with the Bank becoming the club’s title sponsor.

Risk premium on Armenian Eurobonds has decreased to approximately 170 bps – Central Bank Governor

The risk premium on Armenian Eurobonds has decreased to approximately 170 bps, Central Bank Governor Martin Galstyan stated yesterday at a press conference, responding to a question from ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img