YEREVAN, February 1. /ARKA/. The Central Bank of Armenia has auctioned Tuesday 26-week AMGT26317173 government bonds totaling AMD 500 million, the press office of the Armenian finance ministry reports.
Bids at the auction totaled AMD 1 billion 650 million, where competitive bids amounted to AMD 1 billion 600 million and noncompetitive AMD 50 million.
Four dealers took part in the auction. The average weighted yield was 7.0000% with the cutting point of 7.0000%.
Profit from the auction amounted to AMD 482 910 340. ($1 -486.5). –0—