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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–

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