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Government bond placement and buyback auctions with a volume of AMD 23.5 billion took place on AMX

YEREVAN, August 9, /ARKA/.  Today, the placement and buyback auctions of government bonds totaling AMD 23,501,160,000 have taken place on Armenia Securities Exchange (AMX). 

In particular, the volume of auction placement of government bonds (ISIN AMGN60294276) amounted to AMD 18.8 billion, with the demand surpassing AMD 31 billion.

The maturity period of bonds is 5 years. The weighted average yield of the auction is 11.4925%, and the annual yield of the coupon is 9.4%. 

Interestingly enough, investors continue making investment in RA government bonds notwithstanding the relative stability yield. 

To recall, RA Treasury bonds are available not only on AMX’s trading platform but also via gp.minfin.am retail platform which is operated by AMX. -0-

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