Armenia's Ministry of Finance allocates state bonds worth 500 million drams
13:52, 27 April 2015
YEREVAN, APRIL 27, ARMENPRESS: The Ministry of Finance conducted an auction of allocation of short-term AMGT13277155 state bonds with a maturity period of 13 weeks. 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 630 million, of which competitive AMD 620 million and non-competitive AMD 10 million.
The volume of the bonds totaled to AMD 500 million, the proceeds from the allocation amounted to AMD 484 million 405 thousand 851. The weighted average yield is 12.73548%.
Three agents participated in the auction.
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