Tue, 29 July
29.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Armenia’s Central Bank places mid-term government bonds worth 3bln drams

YEREVAN, July 9. /ARKA/. The Central Bank of Armenia (CBA) placed mid-term government (treasury) bonds worth 3 billion drams.

The bonds are of AMGN60294190 series and are to be redeemed till April 29, 2019, the press office of the central bank reported.

Total bid volume is 7,846 million drams, including 7,136 million drams under competitive bids.

A total of seven traders participated in the auction. Average weighted bond yield was 10.3712%, with cutting point at 10.48%. Profit after placement amounted to 2,781,059,189 drams ($1=407.55drams).–0-

spot_img

POPULAR

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img