Friday, January 21 2011 19:27
Yield of short-term government bonds drops to 9.1% and for REPO transactions rose to 7.6%
ArmInfo. Yield reduction was fixed in the primary market of government bonds in December 2010 as compared with November, while the refinancing rate remained unchanged. The press service of the Central Bank of Armenia told ArmInfo that the average weighted yield of government bonds with 1-year maturity dropped by 1.2 pct points to 9.1%. In the market of REPO transactions the average rate over December rose by 0.5 pct points to 7.6%.
According to the CBA, in the currency market the average AMD/USD exchange rate consolidated by 1.33% to 360,73 AMD/$1, while the AMD/EUR exchange rate devaluated by 3,72% to 490.73 AMD/1 EUR.
To note, on January 11 the CBA retained the refinancing rate at 7,25%, and fixed the rates for lombard repo and attracted deposits at 10,25% and 4,25% respectively.