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Central bank auctions 4 billion drams worth mid-term government bonds

YEREVAN, July 15. / ARKA /. The Central Bank of Armenia has auctioned today 4 billion drams worth mid-term government bonds of AMGN60294208 issue maturing prior to April 29, 2020.

The regulator said a total of 5.147 billion drams worth bids had been submitted, including 4.617 billion drams worth competitive bids.

Seven dealers took part in the auction of bonds with weighted average yield of 14.6829% and 14.8500% cut-off point. Profit after placement made 3,452,532,948 drams, the Central Bank said ($ 1 – 477.84 drams). -0-

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