Sun, 27 July
35.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Central bank auctions 12 billion drams worth long-term government bonds

YEREVAN, June 10. /ARKA/. On June 9 Armenia’s Central Bank auctioned 12 billion drams worth long-term government bonds of AMGB2029A362 issue maturing before October 29, 2036.

The Central Bank said a total of 32.2 billion drams worth bids had been submitted, of which 29.5 billion drams worth bids were competitive.

Seven dealers were said to have taken part in the auction of bonds with average weighted yield of 16.4361% and 16.6800% cut-off point. Profit after placement amounted to 9,760,704,417 drams ($ 1 – 478.87 drams).  -0–

spot_img

POPULAR

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Armenia and EIB sign financial agreement for Resilient Syunik Program worth €50 million

A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.

LATEST NEWS

spot_imgspot_imgspot_img