Ministry of Finance allocated 4 billion in state bonds

The Ministry of Finance of the Republic of Armenia held an auction of allocation of the mid-term (AMGN60294190) state bonds with the maturity period – April 29, 2019. As “Armenpress” was informed from the Department of Information and Public Relations of the Ministry of Finance, the volume of the state bonds to be allocated amounts to AMD 3.5-4 billion, and the demand is AMD 9 billion 270 million, of which competitive - AMD 8 billion 150 million and non-competitive - AMD 1 billion 120 million.

The allocation volume of the state bonds totaled to AMD 4 billion. The proceeds obtained from the allocation totaled AMD 3 billion 687 million 494 thousand 468. The weighted average yield of the allocation is 10.3651%, the marginal distribution yield is 10.5100 percent. Seven agents participated in the auction.