Armenian central bank auctions short-term government bonds totaling AMD 1 billion 500 million

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YEREVAN, April 12. /ARKA/. On Monday, the Central Bank of Armenia auctioned 39-week AMGT39091176 government bonds amounting to AMD 1 billion 500 million.

Bids at the auction totaled AMD 2 billion 879 million, of which AMD 2 billion 629 million competitive bids.

Four dealers took part in the auction. The average return was 10.7874% with 10.9000 % cut-off point.

The profit from the placement amounted to AMD 386, 572, 358 drams. ($1 – AMD 483.88). M.V. —0—

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