Central bank auctions 1.5 billion drams worth short-term bonds

YEREVAN, June 14. /ARKA/. Armenia’s Central Bank said it had auctioned June 13 some 1.5 billion drams worth short-term government bonds of AMGT39133176 issue maturing in 39 weeks.

It said 2.611 billion drams worth bids had been submitted, of which 2.414 billion drams worth bids were competitive.

Five dealers took part in the auction of bonds with average weighted yield of 9.6402% and 9.7937% cut-off point. Profit after placement was 1,397,812,959 drams ($ 1 – 478.55 drams). -0-

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