Tue, 29 July
35.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Central bank auctions 3 billion drams worth short-term government bonds

YEREVAN, August 29. /ARKA/. Armenia’s Central Bank has auctioned today 3 billion drams worth nine-week government bonds of AMGT0928A165 issue.

It said a total of 5 100 billion drams worth bids had been submitted, of which 4 700 billion drams worth bids were competitive.

The auction was attended by four dealers. The weighted average yield on a bond was 7.4460% with 7.4800% cut-off point. Profit after placement was 2,961,411,504 drams ($ 1 – 474.85 drams). –0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

LATEST NEWS

spot_imgspot_imgspot_img