YEREVAN, April 26. /ARKA/. The total amount of transactions with Armenian government bonds in the secondary market in February 2016 amounted to 10.2 billion drams, having increased by almost 34% from the previous month of January, according to the monthly bulletin of the Central Bank for February 2016.
According to the Central Bank, the average interest rate in February 2016 was 13.17% against 15.12% in January. Moreover, the highest interest rate in February was 16.54% (16.37% in January), and the lowest was 8.75% (9.20% in January).
The bulk of transactions during the reporting month – 3.7 billion drams- was made with government bonds with more than 7 years maturity with average interest rate 16.16%. At the same time, the least amount of transactions was made with government bonds with from 5 to 7 years maturity -82 million drams with an average interest rate of 15.15%.
The total amount of transactions with government bonds in the secondary market in January-February 2016 amounted to about 17.8 billion drams with an average interest rate of 14.01%. ($ 1 – 479.07 drams). -0-
