YEREVAN, November 11. /ARKA/. On November 11, the Armenia Stock Exchange (AMX) conducted an auction for government bonds valued at 25 billion drams, as reported by the exchange’s press service.
The total amount of government bonds identified by the code AMGN60294300, with a maturity period of 5 years, designated for placement at the auction, reached 25 billion drams.
The auction was completely subscribed, with demand surpassing 140.46 billion drams. The average weighted yield from the auction was 8.4622%, while the annual coupon yield stood at 8.60%.
Government bonds are available for purchase on both the AMX trading platform and the online platform gp.minfin.am.
About the Armenia Stock Exchange
AMX is the sole stock exchange functioning in Armenia and the exclusive shareholder of the nation’s Central Depository. The AMX Group’s mission is to foster a conducive investment climate in Armenia by providing effective solutions and services, which include securities trading, clearing, settlements, and the custody and management of the pension system’s asset registry. ($1 = 382.52 AMD).-0-
