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Central Bank of Armenia auctions 3 billion drams worth government bonds

YEREVAN, June 16. / ARKA /. Armenia‘s Central Bank said it has auctioned today three billion drams worth mid-term government bonds of AMGN60294208 issue maturing prior to April 29, 2020. It said about 6.1 billion drams worth bids had been submitted, of which 5.4 billion drams worth bids were competitive.

It said also seven dealers took part in the auction of bonds with weighted average yield of 14.6785% and 14.79% cut-off point. Profit after placement was said to amount to 2,561,882,786 drams ($ 1 – 475.03 drams) . -0-

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