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Central bank auctions 0.5 billion drams worth short-term government bonds

YEREVAN, June 9. /ARKA/. Central Bank of Armenia said it has auctioned today 500 million drams worth short-term government bonds of AMGT39073166 issue maturing in 39 weeks.
It said a total of 1,341 million drams worth bids had been submitted, of which 1,271 million drams worth bids were competitive.

The auction was attended by four dealers. The weighted average yield on a bond was 12.1243% with 12.3489% cut-off point. Profit after placement was said to amount to 457,899,597 drams ($ 1 – 476.24 drams). –0–

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