Armenia’s Central Bank places short-term government bonds worth 500 mln drams

YEREVAN, May 5. /ARKA/. The Central Bank of Armenia (CBA) placed short-term government treasury bonds of AMGT52025168 series worth 500 million drams, the CBA press office reported.

The maturity period of the bonds is 52 weeks, says the report.

Total volume of bids was 978 million drams, including 863 million drams under competitive bids.

A total of 4 traders took part in the auction. Average weighted bond yield was 12.9184%, with cutting point at 12.97%. Profit after placement amounted to 442,235,582 drams ($1=478.26drams). –0–

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