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Central Bank of Armenia auctions 0.5 billion drams worth short-term bonds

YEREVAN, October 14. / ARKA /. The Central Bank of Armenia said it has auctioned today 500 million drams worth short-term treasury government bonds of AMGT39147143 issues maturing in 39 weeks.

It said 904 million dram worth bids had been made, of which 837 million drams were competitive bids.

Five dealers participated in the auction of bonds with a yield of 9.0140% and 9.0830% cut-off point. Profit after placement was said to amount to 468,008,680 drams ($ 1 – 408.14 drams). -0-

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