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

Capital market
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YEREVAN, April 12. /ARKA/. The Central Bank of Armenia auctioned Monday 39-week AMGT39081188 government (treasury) bonds worth AMD 1.5 billion, the Armenian finance ministry reports on its website.

Bids at the auction totaled AMD 2 billion 786 million, where competitive bids amounted to AMD 2 billion 750 million.

Four dealers took part in the auction. The average yield was 6.4980% with 6.5487% cutoff point.

Profits from the auction amounted to AMD 1 429 556 705. ($1 – AMD 486.04). —0—

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