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

YEREVAN, June 2. / ARKA /. Armenia’s Central Bank said it has auctioned today 500 million drams worth short-term (treasury) government bonds of AMGT52016159 issue maturing in 52 weeks. It said also one billion drams worth bids had been submitted, all competitive.

Four dealers participated in the auction of bonds with 8.0126% weighted average yield and 8.0433% cut-off point. The profit after placement was said to amount to 462,527,690 drams ($ 1 – 413.28 drams). -0 –

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