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

YEREVAN, April 7. / ARKA /. Armenia’s Central Bank said it had auctioned today 500 million drams worth short-term government (treasury) bonds of AMGT52064159 issue maturing in 52 weeks.

It said a total of 810 million drams worth bids had been submitted- all competitive.

Four dealers were said to have taken part in the auction of bonds with weighted average yield of 8.1990% and 8.2441% cut-off point.

The profit after placement amounted to 461,722 557 drams, the regulator said. ($ 1 – 415.13 drams). -0 –

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