Central Bank auctions 0.5 billion drams worth short-term government bonds in Armenia

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YEREVAN, November 25. /ARKA/. Armenia’s Central Bank said it auctioned on Monday 500 million drams worth short-term government bonds of AMGT1324B142 issue with a maturity of 13 weeks.

It said a total of 1 billion drams worth bids had been submitted, all competitive.

Two dealers were said to take part in the auction of bonds with weighted average yield of 7.08%, 7.08% cut-off point and the profit of 491,208,996 drams ($ 1 – 435 drams). -0-

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