Armenia’s Ministry of Finance turns down long-term government treasury bonds

Capital market
финансы, деньги, валюта, драм
финансы, деньги, валюта, драм

YEREVAN, November 15. /ARKA/. Armenia’s ministry of finance declined the overall volume of bids on long-term government treasury bonds.

The press office of the Central Bank of Armenia said the auction on placement of AMGB1029A232 bonds with a redemption period of 10 years was held today.

The bids amounted to a total of 2-5 billion drams, whereas the demand was 22.797 billion drams. The ministry turned down all the bids, according to the report.  –0–

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