Central Bank auctions 0.5 billion drams worth short-term government bonds

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YEREVAN, February 17. / ARKA /. The Central Bank of Armenia said it has auctioned today 500 million drams worth short-term government (treasury) bonds of AMGT26188142 issue maturing in 26 weeks.

It said a total of 624 million drams worth bids were submitted, including 605 million drams competitive bids.

Three dealers were said to have participated in the auction of bonds with average weighted yield of 7.9996%, and 7.9477% cut-off point.

Profit after placement was said to have amounted to 480,686,079 drams ($1 – 411.79 drams). -0-

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