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

spot_img

POPULAR

Armenia expects to reduce public debt to 45% of GDP within five years: Deputy Finance Minister

The Armenian government aims to bring the public debt-to-GDP ratio to 45%, approximately within five years, stated Deputy Finance Minister Avag Avanesyan.

An additional 10 billion drams will be allocated for a cashback program for pensioners in Armenia

An additional 10 billion drams will be allocated from the 2026 state budget of Armenia for a cashback program for pensioners making non-cash payments.

Head of CBA has ruled out excess profits at banks

The idea of ​​excess profits in the Armenian banking system is unfounded, and banks themselves remain one of the most transparent sectors of the country's economy.

Yerevan’s budget revenues exceeded targets by 9.7% for the first five months

As of May 31, 2026, Yerevan's budget revenues totaled 40.3 billion drams, compared to the planned 36.4 billion drams for January-May, reported David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

VTB (Armenia) reports increased demand for agricultural lending products

VTB (Armenia) is reporting increased demand for its "Fast" loan product, designed for clients operating in the agricultural sector.

LATEST NEWS

spot_imgspot_imgspot_img