YEREVAN, August 11. /ARKA/. On August 11, the Armenia Securities Exchange (AMX) executed a government bond auction amounting to 40 billion drams, as reported by the exchange’s press service.
In detail, the government bonds identified by the code AMGN60294318, which have a maturity period of 5 years, were auctioned for 40,000,000,000 drams, with demand soaring to 69,370,000,000 drams. The weighted average yield was recorded at 7.4768%, while the annual coupon yield stood at 7.6%.
These government bonds can be accessed on both the AMX trading platform and the online site gp.minfin.am.
AMX is the sole securities exchange in Armenia and the exclusive shareholder of the Central Securities Depository. The AMX Group’s mission is to create a conducive investment climate in Armenia by providing effective solutions and services, including securities trading, clearing, settlements, and pension system management.-0-
