Armenia's Finance Ministry repurchases AMD 1 billion state bonds

YEREVAN, JUNE 16, ARMENPRESS: The Ministry of Finance of the Republic of Armenia held a public auction to repurchase medium-term AMGN36294167 corporate bonds. As Armenpress was informed from the Department of Information and Public Relations of the Ministry of Finance, the amount of bonds to be repurchased is 1 billion drams.

AMD 2 billion 700 million state bonds were submitted to be repurchased. The final repurchase amount made 1 billion drams. 1 billion 4 million 894,342 drams was paid for it from the state budget. The bond repurchase marginal yield is 10,7400%. The auction was attended by 4 agents.