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Short-Term Government Bond Issue Floated In Armenia

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  • Short-Term Government Bond Issue Floated In Armenia

    SHORT-TERM GOVERNMENT BOND ISSUE FLOATED IN ARMENIA

    Tert.am
    14:12 03.10.11

    On Oct. 3, 52-week short-term government bonds of the AMGT5201A127
    series were floated.

    The amount of issue was AMD 1.5bn (US $4,037.7 thousand), the
    demand being AMD 3.63bn, with competitive bids totaling AMD 3.58bn
    and noncompetitive bids, AMD 50m. The receipts from the bond issue
    totaled AMD 1,614,058m AMD. The average weighted yield was 8.9428%,
    the marginal yield being 9.18%.

    Seven agents participated in the auction.

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