Ministry of Finance allocates state bonds worth 500 million drams

YEREVAN, MARCH 24, ARMENPRESS: The Ministry of Finance conducted an auction of allocation of short-term AMGT13226152 state (treasury) bonds of 13-week maturity period. 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 500 million, and the demand reaching to AMD 554 million, of which competitive AMD 502 million and non-competitive AMD 52 million.

The volume of the bonds totaled to AMD 500 million, the proceeds from the allocation amounted to AMD 483 million 528 thousand 880. The weighted average yield is 13.4760%, the marginal allocation yield is 13.5999 percent.

Three agents participated in the auction.