Armenian Central Bank auctions midterm government bonds worth AMD 3 billion

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YEREVAN, July 15. /ARKA/. On Tuesday, the Central Bank of Armenia sold AMGN36294175 mid-term government bonds worth 3 billion drams and maturing by April 29, 2017, the regulator’s press office reports.

Bids at the auction totaled 8 077 million drams, of which 7011 million noncompetitive bids.
Seven dealers took part in the auction.

Yield of Highest Accepted Bids: 9.6391%. W.A. Yield of Successful Bids: 9.74%.

The profit from the auction amounted to 2 931 980 389 drams. ($1 – AMD 407.29).–0—

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