AUCTION OF TREASURY SHORT-TERM BONDS WITH 39-WEEK MATURITY HELD ON DECEMBER 8

Noyan Tapan
Dec 8, 2009

YEREVAN, DECEMBER 8, NOYAN TAPAN. An action of state (treasury)
short-term bonds (AMGT39079106 issue) with a 39-week maturity was
held on December 8.

The amount of bonds subject to placement was 1 billion drams, the
demand was 3 billion 217 million 71 thousand drams. The placement
of bonds made 1 billion drams. The revenues from placement amounted
to 938 million 269 thousand 308 drams. The weighted average yield of
the placement is 8.6759%, the limit yield is 9%.

According to the press service of the RA Ministry of Finance, 14
dealers participated in the auction.