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Central Bank auctions 2 billion drams worth mid-term government bonds

YEREVAN, November 26. / ARKA /. Armenia’s Central Bank said it has auctioned today two billion drams worth mid-term government (treasury) bonds of AMGN36294175 issue maturing until 29 April 2017.

The Central Bank said some 6.8 billion drams worth bids had been submitted, including 5.340 billion drams worth competitive bids.

Seven dealers were said to have taken part in the auction of bonds with average weighted yield of 8.2517% and 8.3487% cut-off point. Profit after placement was said to amount to 1,997,688,933 drams ($ 1 – 434.11 drams) .- 0-

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