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Armenian central bank auctions short-term government bonds worth AMD 1 billion

YEREVAN, July 12. /ARKA/. The Central Bank of Armenia auctioned Tuesday 52-week AMGT52107172 government bonds worth AMD 1 billion, the press office of the Central Bank of Armenia reports.

Bids at the auction totaled AMD 3 billion 288 million, of which AMD 2 billion 959 million came as competitive bids.

Six dealers took part in the auction. The average weighted yield of the securities was 9.9726% with the cutting point of 9.8800%.

The auction produced profit amounting to AMD 910,912,319. ($1 – AMD 476.74). –0—-

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