YEREVAN, September 9. /ARKA/. On September 9, an auction of government bonds worth 25 billion drams was held on the Armenia Stock Exchange (AMX), the press service of the exchange reported.
The volume of government bonds with the distinguishing code AMGN36294285 and a maturity of 3 years, subject to placement at the auction, amounted to 25 billion drams, it was fully placed, the demand amounted to 71.9 billion drams.
The average weighted yield of the auction amounted to 9.2536%, and the annual coupon yield was 8.40%.
Government bonds can be purchased both on the AMX trading platform and through the online platform gp.minfin.am.
Details of the government bond auctions can be found here.
About Armenia Stock Exchange
AMX is the only stock exchange operating in Armenia and the sole shareholder of the country’s Central Depository. The mission of AMX Group is to contribute to the formation of a favorable investment environment in Armenia by offering effective solutions and services, including securities trading, clearing, settlements, as well as custody and maintenance of the registry of pension system assets. ($1 – 382.5 AMD)
