Mon, 9 June
25.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Armenia’s Central Bank places short-term government bonds worth 500mln drams

YEREVAN, May 12. /ARKA/. The Central Bank of Armenia (CBA) has placed short-term government treasury bonds of AMGT39092158 series worth 500 million drams, the CBA press office reported.

The maturity period of the bonds is 39 weeks, says the report.

Total volume of bids is 1,204 million drams, including 1,154 million drams under non-competitive bids.

A total of 4 traders took part in the auction. Average weighted bond yield was 7.9586 %, with cutting point at 7.9898 %. Profit after placement amounted to 471,541,266 drams ($1=413.19drams). –0-

spot_img

POPULAR

Dollar and ruble exchange rates against Armenian dram rose, while euro fell

The average market exchange rate of the US dollar to the Armenian dram, as of April 2, 2025, rose by 0.06 points compared to April 1, reaching 391.16 drams.

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

Euro and ruble exchange rates to the Armenian dram fell, the dollar rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 6, 2025, increased by 0.06 points compared to June 5 and amounted to 383.46 drams.

Average settlement exchange rate of dram to dollar in May was 0.3% lower than a year ago

In May 2025, the average settlement exchange rate of the Armenian dram to the US dollar was 386.6 drams, which is 0.3% lower than the same indicator in May 2024 (387.8 drams).

Mechanism to stimulate cashless payments to be developed in Armenia

On Friday, the Armenian government held a meeting on issues related to stimulating cashless payments in the country.

LATEST NEWS

spot_imgspot_imgspot_img