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

YEREVAN, June 15. /ARKA/. The Central Bank of Armenia (CBA) placed today short-term government treasury bonds of AMGT2614C154 issue worth 500 million drams, the CBA press office reported.

The maturity period of the bonds is 26 weeks, says the report.

Total volume of bids was 1,140 million drams, including 1,080 million drams under competitive bids.

Three traders took part in the auction. Average weighted bond yield was 12.0338%, with cut-off point at 12.16%. Profit after placement amounted to 471,325,762 drams ($1=476.62drams). –0–

spot_img

POPULAR

Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.

A 10% or 15% cashback: Acba Leasing’s offer for businesses

In Armenia, green investments are gradually becoming not an alternative, but a strategic choice.

Central Bank to Strictly Monitor Disclosure of Bond Issues – Galstyan

Central Bank of Armenia Governor Martin Galstyan stated the need to closely monitor issuers' disclosures when issuing bonds.

Trend of declining public debt-to-GDP ratio in Armenia will continue – Ministry of Finance

Armenia intends to continue reducing its public debt-to-GDP ratio, stated Deputy Finance Minister Avag Avanesyan.

Armenia’s risk premium increased amid events in the Middle East – Galstyan

The risk premium in Armenia has increased slightly due to events in the Middle East, although not as much as in other countries in the region and beyond, stated Martin Galstyan, head of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img