Armenian central bank auctions short-term government bond worth AMD 1.5 billion

Capital market
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YEREVAN, March 7. /ARKA/. The Central Bank of Armenia auctioned Monday 52-week AMGT52053189 government treasury bonds worth AMD 1.5 billion.

The Armenian finance ministry reports on its official website that bids at the auction totaled AMD 5 billion 211 million, where competitive bids amounted to AMD 5 billion 114 million.

Six dealers took part in the auction. The average weighted yield was 7.2958% with the 7.3487% cut-off point.

Profit from the auction amounted to AMD 1 396 949 346. ($1 – AMD 486.71). –0—

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