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Central Bank auctions 3 billion drams worth mid-term government bonds

YEREVAN, September 15. / ARKA /. Armenia’s Central Bank said today it has auctioned 3 billion drams worth mid-term government bonds of AMGN60294208 issue maturing before April 29, 2020.

The Central Bank said also a total of 4.137 billion drams worth bids had been submitted, including 3.819 billion drams worth competitive bids.

The auction was attended by 7 dealer. The weighted average yield was 14.9214%, with 15.0977% cut-off point. Profit after placement was said to be 2,632,374,501 drams ($ 1 – 484.08 drams). -0-

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