Armenian central bank auctions short-term government bonds worth AMD 3 billion

Capital market
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YEREVAN, July 25. /ARKA/. The Central Bank of Armenia auctioned Friday nine-week AMGT09239169 government bonds totaling AMD 3 billion, the press office of the Central Bank of Armenia reports.

Bids at the auction totaled 9 billion 7 million, of which AMD 8 billion came as competitive bids.

Seven dealers took part in the auction. Average weighted yield was 7.7725%, with the cutting point of 7.9327%.

Profit from the auction amounted to AMD 2 959 741 867. ($1 – AMD 476.15). –0—-

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