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

25 years ago, three friends founded company PROFAL

25 years ago, three friends decided to establish the company PROFAL, which today stands as a leader in the production of aluminum doors, windows, and glass structures.

Freedom Broker Armenia Director Expects Pause in Central Bank Rate Hike, but Points to Conditions for Further Increases (EXCLUSIVE)

The Central Bank of Armenia's further decisions on the refinancing rate will depend on inflation dynamics and its structure, according to Freedom Broker Armenia Director Hovak Hovakimyan.

Acba Bank’s Sustainability Report Presented at COP17

At COP17, Acba Bank presented its Sustainability Report to Armenian and international guests. It outlines the bank's priority areas and the steps it is taking towards sustainable development.

acbaSplit: Acba Bank launches a new payment service

Acba Bank has launched "acbaSplit," a service that allows customers to make purchases of up to 5 million Armenian drams (AMD) with the option to pay in installments.

Business loan pre-approval in five minutes — what did Unibank showcase in Gyumri?

Unibank showcased its financing and card payment solutions for small and medium-sized enterprises at the “Banks and Business in Gyumri” expo, organised at the initiative of the Union of Banks of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img