Sun, 11 January
-5.9 C
Yerevan
USD: 381.21 RUB: 4.81 EUR: 443.92 GEL: 141.50 GBP: 511.13

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

YEREVAN, December 19. /ARKA/. Armenia’s Central Bank said it had auctioned December 16 some 3 billion drams worth short-term government bonds of AMGT26166174 issue with a maturity period of 26 weeks.

It said a total of 3.256 billion drams worth bids had been submitted, of which 3.226 billion drams worth bids were competitive.

The auction was attended by 4 dealers. The weighted average yield on a bond was 6.9380% with 7.0400% cut-off point. Profit after placement was said to have amounted to 2,898,338,967 drams ($ 1 – 484.17 drams). -0-

spot_img

POPULAR

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

 Financial capacity in Armenia has grown, exceeding targets: Central Bank head

Financial capacity in Armenia has increased, and the established national targets have not only been met but also exceeded, said Martin Galstyan, Chairman of the Central Bank of Armenia, during the presentation of the results of the 3rd national survey (barometer) "Assessment of Financial Capabilities of the Population of the Republic of Armenia."

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

LATEST NEWS

spot_imgspot_imgspot_img