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Auction

Economy

An auction of mid-term treasury bonds took place today with a grace period of 60 months (AMGN60147141).

The amount of bonds for distribution is 1,000,000,000 drams and the demand is 3,458,000,000 drams of which 3,145,000,000 are competitive. The amount of bonds received is 1,000,000,000 drams and proceeds made up 1,023,913,952 drams. The average profitability was 11.8200% and the distributing profitability was 11.8200%.

Five brokers participated in the auction, as reported by the press service of the RA Ministry of Finances.