YEREVAN, November 11. / ARKA /. The Central Bank of Armenia said it has auctioned today 500 million drams worth short-term (treasury) government bonds of AMGT39118144 issue maturing in 39 weeks.
The Central Bank said a total of 1.3 billion drams worth bids had been submitted, of which 1.244 billion drams worth bids were competitive.
Four dealers were said to have taken part in the auction of bonds with 8.7768% yield and 8.8552% cut-off point. Profit after placement amounted to 468,798,053 drams ($ 1 – 405.43 drams). -0-
