YEREVAN, May 17. /ARKA/. Armenia’s Central Bank auctioned May 16 some 1.5 billion drams worth short-term government bonds of AMGT52155171 issue maturing in 52 weeks. It said a total 3.9 billion drams worth bids had been submitted, of which 3.5 billion drams were competitive.
Five dealers were said to have taken part in the auction of bonds with weighted average yield of 10.4989% and 10.4989% cut-of point. Profit after placement amounted to 1,356,047,987 drams ($1 – 478.83 drams). -0–
