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Central bank auctions 0.5 billion drams worth bonds

YEREVAN, March 20. /ARKA/. Armenia’s Central Bank said it has auctioned today 500 million drams worth short-term government (treasury) bonds of AMGT26189176 issue with a maturity of 26 weeks. It said a total of 3 billion 50 million drams worth bids had been submitted, all competitive.

Six dealers took part in the auction of the bonds with weighted average yield of 6.2000% and 6.2000 cut-off point. The profit after placement was said to have amounted to 484,804, 085 drams. ($1 – 483.51 drams).

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