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

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—-

spot_img

POPULAR

Central Bank raised the rate: what could happen to loans and deposits – and why not right away

The Central Bank of Armenia's increase in the monetary policy rate to 6.75% does not automatically and immediately lead to higher rates on bank loans and deposits.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (September 14–20)

This week, Armenia's financial agenda was shaped by changes in monetary policy direction, the cost of bank funding, inflation, and the situation in the foreign exchange market.

Acba Bank and “Armenian Programs” have simplified banking operations for businesses

As part of the collaboration between Acba Bank and Armenian Programs, banking operations and accounting have been combined into a single, integrated system.

“IKO Machinery” LLC’s bonds, totaling AMD 1.1 billion listed on AMX

The Armenia Securities Exchange (AMX) today welcomed the entry into the capital market of "IKO Machinery" LLC, a company operating in both Armenia and international markets.

“The Power of One Dram” – General Partner of the “Climate Change and Women” Awards

The August beneficiary of "The Power of One Dram" initiative was "Orran" Charitable Non-Governmental Organization.

LATEST NEWS

spot_imgspot_imgspot_img