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Central Bank of Armenia placed long-term government treasury bonds worth 2.665bln drams

YEREVAN, October 9. /ARKA/. The Central Bank of Armenia placed a benchmark issue of long-term government treasury bonds worth a total 2.665 billion drams on October 8.

The redemption deadline of the bonds of AMGN60294182 series is April 29 2018, the press office of the Central Bank reported.

Total bid volume was 12.7 billion drams, including 11.5bln under competitive bids.

Seven dealers participated in the auction. Average weighted yield is 13.6349%, with cutting point at 13.6500 %. Profit after placement is 2,461,518,633 drams. ($1=405.75drams).–0-

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