On Tuesday, May 14, a successful auction for the placement of government bonds totaling 30 billion Armenian drams ($77 million) was held at the Armenian Stock Exchange.
According to AMX Armenia, government bonds with the distinctive code AMGN60294292 and a maturity period of 5 years, totaling 30 billion Armenian drams, were placed at the auction. The demand exceeded the offer significantly, reaching over 44.3 billion Armenian drams (over $113 million).
The weighted average auction price was determined at 9.9491%, with an annual coupon yield of 8.6%.
Government bonds are available for purchase both on the trading platform of the Armenian Stock Exchange and through the online platform gp.minfin.am.
