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Issue Of 60-Month Government Bonds Floated In Armenia

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  • Issue Of 60-Month Government Bonds Floated In Armenia

    ISSUE OF 60-MONTH GOVERNMENT BONDS FLOATED IN ARMENIA

    Tert.am
    19:15 ~U 11.10.11

    An issue of 60-month government (treasury) bonds of the AMGN60294166
    series was floated on Oct. 11.

    The Ministry of Finance of Armenia reports that the amount of issue
    is AMD 3bn (about US $7.977m). The demand reached AMD 5.74bn, with
    competitive bids totaling AMD 5.1bn, and noncompetitive bids AMD 640m.

    The receipts totaled AMD 2,825,800,451. The average weighted yield
    is 14.4228%, the marginal yield being 14.56%.

    Six agents participated in the auction.


    From: Baghdasarian
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