YEREVAN, May 25. / ARKA /. Central Bank of Armenia said it has auctioned today 500 million drams worth short-term government bonds of AMGT13248156 issue maturing in 13 weeks.
It said a total of 1 billion drams worth bids had been submitted, of which 980 million drams worth bids were competitive.
The auction was attended by three dealers. The weighted average yield on a bond was 12.439% with 12.44% cut-off point.. Profit after placement was said to amount to 484,757,705 drams ($ 1 – 477.36 drams). -0-
