Friday, May 5 2017 19:50
Alexandr Avanesov

Armen Avagyan is appointed new executive director of Armenian Development Fund

ArmInfo. Under Prime Minister Karen Karapetyan's chairmanship on May 5, a regular meeting of the Armenian Development Fund  Trustees Board was held.  According to the Armenian Government's press-service, during the meeting, the report on the Fund's financial performance in 2016 was discussed.

The Council adopted the statement of the Executive Director of the Foundation Karen Mkrtchean about his resignation. He stated his intention to establish his company in Armenia, which will deal with consulting and investment activities. By the decision of the Council, Armen Avagyan was appointed the Executive Director of the Fund.

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Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

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200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

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2

The maturity date of T-bills

03.02.2020

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