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

YEREVAN, June 22. / ARKA /. Armenia’s Central Bank has auctioned today 500 million drams worth short-term government bills of AMGT13219157 issue maturing in 13 weeks.

The Central Bank said a total of 1.690 billion drams worth bids had been submitted, of which 1.670 billion were competitive bids.

Four dealers attended the auction of bonds with weighted average yield of 11.9623% and 12.0225% cut-off point. Profit after placement was said to be 485,324,777 drams ($ 1 – 473.42 drams). -0-

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