Armenia's Ministry of Finance allocates state bonds worth 3 billion drams
14:17, 21 April 2015
YEREVAN, APRIL 21, ARMENPRESS: The Ministry of Finance conducted an auction of allocation of medium-term AMGN36294175 state bonds with a maturity period up to April 29 2017. 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 78 million, of which competitive AMD 6 billion 220 million and non-competitive AMD 858 million.
The volume of the bonds totaled to AMD 3 billion, the proceeds from the allocation amounted to AMD 2 billion 818 million 72 thousand 926. The weighted average yield is 13.8808%.
Seven agents participated in the auction.
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