Auction of government bonds worth AMD 29bln held at Armenian Securities Exchange

Capital market

YEREVAN, March 15. /ARKA/. The Armenian Securities Exchange (AMX) has auctioned on Tuesday government bonds with a total volume of over AMD 29 billion.

The press service of the exchange said the auction volume of government bonds with the ticker AMGN36294251 and maturity of 3 years amounted to AMD 30 billion, while the volume of placement amounted to AMD 29,773,000,000, and the demand exceeded AMD 35 billion.

The weighted average yield of a bond was 11.9044% and the annual coupon yield was 9.25% ($1 – 388.79 drams). -0-

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