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Central bank of Armenia auctions 1.5 billion drams worth government bonds

YEREVAN, June 7. /ARKA/. The Central Bank of Armenia auctioned June 6  some 1.5 billion drams worth short-term government bonds of AMGT52056171 issue maturing in 52 weeks.

A total of 3.088 billion drams worth bids had been submitted, the central bank said, all competitive.
Four dealers took part in the auction of bonds with average weighted yield of 10.2930% and 10.4037% cut-off point. Profit after placement was 1,358,604,816 drams ($ 1 – 478.30 drams). -0-

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