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

YEREVAN, September 17. /ARKA/. The Central Bank of Armenia placed yesterday mid-term government treasury bonds of AMGN60294190 series worth a total of 3 billion drams, the press office of the bank reported.

The maturity date is April 29, 2019. Total bid volume amounted to 12 billion 595 million drams, including 10 billion 890 million drams under competitive bids.

Seven traders participated in the auction. Average weighted yield was 10.0872%, with cut point at 10.0888%. Profit after placement totaled 2,864,588,945 drams. ($1 – 408.84 drams). –0-

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