Central Bank of Armenia places short-term government treasury bonds worth 500mln drams

Capital market
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YEREVAN, November 19. /ARKA/. The Central Bank of Armenia placed short-term government treasury bonds worth 500 million drams on November 18.

Serial number of the bonds is AMGT26195147; the redemption period is 26 weeks, according to the report.

The total bid amount is 1.257 billion drams, including 1.242bln under competitive bids.

Four dealers participated in the auction. Average weighted yield of the bonds is 8.4981%, with cutting point at 8.5496%. Profit after placement was 479,403,567 drams. ($1=404.80drams).–0–

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