Ministry of Finance allocates state bonds worth 500 million drams
13:15, 7 July 2015
YEREVAN, JULY 7, ARMENPRESS: The Ministry of Finance conducted an auction of allocation of short-term AMGT52047162 state (treasury) bonds of 52-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 1 billion 340 million, of which competitive AMD 1 billion 230 million and non-competitive AMD 110 million.
The volume of the bonds totaled to AMD 500 million, the proceeds from the allocation amounted to AMD 445 million 472 thousand 430. The weighted average yield is 12.1059%, the marginal allocation yield is 12.1700 percent.
Four agents and a treasurer participated in the auction.
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