Armenian central bank auctions 0.5 billion drams short-term government bonds

Capital market
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YEREVAN, December 28. /ARKA/. Armenia’s Central Bank said it has auctioned today 500 million drams worth short-term government bonds of AMGT13283161 series maturing before March 28, 2016.

It said 1.631 billion drams worth bids had been submitted, all competitive.

The auction was attended by 6 dealers. The weighted average yield on a bond was 10.776% with 10.8% cut-off point. ($ 1 – 482.55 drams). -0-

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