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Armenian finance ministry buys back one billion drams worth bonds

YEREVAN, June 16. /ARKA/. Armenia’s Central Bank said today the Ministry of Finance has bought back one billion drams worth medium-term government coupon bonds of AMGN36294167 issue. It said the auction was attended by 4 dealers.

According to a Central Bank press release, a total of 2.7 billion drams worth bids had been submitted , while the marginal yield on redeemed bonds was 10.74%. It said the government paid 1,004,894,342 drams ($ 1 – 475.7 drams). -0-

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