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Armenian Central Bank auctions 3 billion drams worth mid-term government bonds

YEREVAN, April 14. / ARKA /. Armenian Central Bank said today it has auctioned 3 billion drams worth mid-term government bonds of AMGN60294190 issue maturing before 29 April 2019.
It said 7.616 billion drams worth bids were made, including 7.052 billion drams worth competitive bids.

Seven dealers took part in the auction of bonds with weighted average yield of 14.3497% and 14.3813% cut-off point. Profit after placement is said to amount to 2,540,542,309 drams ($ 1 – 474.06 drams). – 0-

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