Ministry of Finance allocates state bonds worth 3 billion drams
YEREVAN, APRIL 15, ARMENPRESS: The Ministry of Finance conducted an auction of allocation of medium-term AMGN60294190 state bonds with a maturity period up to April 29 2019. As Armenpress was informed from the Department of Information and Public Relations of the Ministry of Finance of the Republic of Armenia, the volume of the bonds to be allocated amounted to AMD 2-3 billion, and the demand reaching to AMD 7 billion 616 million, of which competitive AMD 7 billion 052 million and non-competitive AMD 564 million.
The volume of the bonds totaled to AMD 3 billion, the proceeds from the allocation amounted to AMD 2 billion 540 million 542 thousand 309. The weighted average yield is 14.3497%, the marginal allocation yield is 14.3813 percent.
Seven agents participated in the auction.
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