Short-Term Government Bond Issue Floated In Armenia

SHORT-TERM GOVERNMENT BOND ISSUE FLOATED IN ARMENIA

Tert.am
14:12 03.10.11

On Oct. 3, 52-week short-term government bonds of the AMGT5201A127
series were floated.

The amount of issue was AMD 1.5bn (US $4,037.7 thousand), the
demand being AMD 3.63bn, with competitive bids totaling AMD 3.58bn
and noncompetitive bids, AMD 50m. The receipts from the bond issue
totaled AMD 1,614,058m AMD. The average weighted yield was 8.9428%,
the marginal yield being 9.18%.

Seven agents participated in the auction.

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