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

Central Bank of Armenia has issued a warning regarding illegal activities of credit organization My Fin UCO

The Central Bank of Armenia has issued a warning to the public regarding a company operating on Facebook under the name "My Fin UCO," which offers lending services without the appropriate regulatory license.

Armenian Government Approves 2027 State Budget Draft

At its meeting on Thursday, the Armenian government approved the draft law "On the State Budget of the Republic of Armenia for 2027," which will be submitted to the National Assembly in accordance with established procedure.

Special symphony concert: results of trilateral cooperation summed up

Acba Bank, the Hayastan All-Armenian Fund and the State Symphony Orchestra of Armenia summed up the results of musical and cultural projects jointly implemented over many years.

Unibank Joins the Armenian Solar Energy Association

Unibank has joined the Armenian Solar Energy Association (ASEA), which brings together companies in the renewable energy sector.

Team Holding Raises Approximately $35 Million on the Armenian Capital Market via Bond Issuance

Team Holding has completed its corporate bond public offering program in Armenia, raising funds equivalent to approximately $35 million.

LATEST NEWS

spot_imgspot_imgspot_img