Thu, 12 June
20.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Central Bank of Armenia places mid-term government bonds worth 4 bln drams

YEREVAN, June 18. /ARKA/. The Central Bank of Armenia placed mid-term government treasury bonds worth 4 billion drams on June 17.

The bonds placed were of AMGN60294190. The maturity expires on June 17 2019, the press office of the central bank reported.

Total bid volume was 9,270 million drams, of it 8,150 million drams under non-competitive bids.

Seven traders participated in the auction.  Average weighted bond yield was 10.3651% with cutting point at 10.5100%.

Earnings from placement amounted to 3,687,494,468 drams. ($1=411.51drams). –0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img