AUCTION OF TREASURY SHORT-TERM BONDS WITH 13-WEEK MATURITY HELD ON JANUARY 25

Noyan Tapan
Jan 25, 2010

YEREVAN, JANUARY 25, NOYAN TAPAN. An action of state (treasury)
short-term bonds (AMGT13264104 issue) with a 13-week maturity was
held on January 25. The amount of bonds subject to placement was 500
million drams, the demand was 1 billion 289 million drams.

According to the press service of the RA Ministry of Finance, the
placement of bonds made 500 million drams. The revenues from placement
amounted to 490 million 185 thousand 750 drams. The weighted average
yield of the placement is 7.9206, the limit yield is 8.4825%. 7
dealers participated in the auction.