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Auction Of State Bonds With 11-Week Redeption Period Held

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  • Auction Of State Bonds With 11-Week Redeption Period Held

    AUCTION OF STATE BONDS WITH 11-WEEK REDEPTION PERIOD HELD

    Noyan Tapan
    http://www.nt.am?shownews=1010768
    Dec 19, 2008

    YEREVAN, DECEMBER 19, NOYAN TAPAN. An auction of state (treasury)
    short-term bonds of AMGT11053095 issue with a 11-week redemption
    period was held on December 18.

    According to the RA ministry of finance, the total amount of bonds
    subject to placement made 1 billion drams (about 3 million 247 thousand
    USD), demand - 1 billion 306 million 572 thousand drams. The placement
    of bonds made 1 billion drams. The revenues from placement amounted
    to 981,112,233 drams.

    The weighted average yield of placement made 9.0006%. 9 dealers and
    the treasury depository participated in the auction.
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