Central Bank auctions 0.5 billion drams worth government bonds

YEREVAN, July 21. / ARKA /. Armenia’s Central Bank has auctioned today 500 million drams worth short-term government bonds of AMGT26191153 issue maturing in 26 weeks.

The Central Bank said a total of 640 million drams worth bids had been submitted, including 580 million drams worth competitive bids.

Two dealers participated in the auction of bonds with average weighted yield of 7.4702% and 7.4888% cut-off point. Profit after placement was said to amount to 481,804,078 drams ($ 1 – 406.62 drams). -0 –

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