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Armenian Central Bank auctions 0.5 billion drams worth bonds

YEREVAN, September 22. / ARKA /. Armenia’s Central Bank has auctioned today 500 million drams worth short-term government bonds of AMGT1322C142 issue with a maturity of 13 weeks.

The Central Bank said a total of 647 million drams worth bids had been submitted- all competitive.

It said three dealers participated in the auction of bonds with weighted average yield of 6.9096% and 6.9437% cut-off point.

Profit after placement was said to have amounted to 491,416,943 drams. ($ 1 – 407.63 drams). -0

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