YEREVAN, October 15. /ARKA/. On October 14, an auction for the allocation of government bonds amounting to 19,431,400,000 AMD was conducted on the Armenia Stock Exchange.
Specifically, the bond with ISIN AMGB3029A548, which has a maturity period of 30 years, was offered at an amount of 20,000,000,000 billion AMD. The total allocated volume exceeded 19,431,400,000 AMD, while the demand surpassed 26,981,400,000 AMD.
The average weighted yield recorded at the auction was 9.9784%, with an annual coupon yield of 9.20%. Government bonds can be accessed on the Armenia Stock Exchange trading platform as well as online at gp.minfin.am. Further details regarding the auctions are available here. ($1 – 382.77 drams).-0-