CBA Auction For Redemption Of Medium-Term Government Bonds Due May 6

CBA AUCTION FOR REDEMPTION OF MEDIUM-TERM GOVERNMENT BONDS DUE MAY 6

YEREVAN, April 28. /ARKA/. On May 6, the Central Bank of Armenia will
hold an auction to redeem medium-term government treasury coupon bonds
of series AMGN48174118n with 6.5% annual redemption yield. Only agents
are eligible to participate in the auction.

The four-year bonds were issued on April 17, 2007, with 7.1238% annual
yield and a total volume of AMD 2bln. ($1 -AMD 6.5mln).

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