Time in Yerevan: 11:07,   20 April 2024

Ministry of Finance allocated state bonds worth 2 billion drams

Ministry of Finance allocated state bonds worth 2 billion drams

YEREVAN, NOVEMBER 27, ARMENPRESS: The Ministry of Finance of the Republic of Armenia held an allocation auction of AMGN36294175 average-term state bonds with the repayment period up to April 29 2017. The Department for Mass Media and Public Relations of the Ministry of Finance informed Armenpress that the volume of the bonds, subjected to allocation, made 2 billion drams and the demand is 6 billion 80 million drams, 5 billion 340 million of which is competitive demand and 740 million – non-competitive one.

The bonds allocation volume made 2 billion drams. The revenue from the allocation made 1 billion 997 million 688 thousand 933 drams. The weighted average yield of the allocation is 8,2517% and the allocation limit yield is 8,3487%. The auction was attended by seven agents. 








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