YEREVAN, December 11. /ARKA/. Armenian banks’ investments in government bonds at the end of October 2017 stood at 422 billion drams, an increase of 15.4% since the beginning of the year, according to the latest data of the Central Bank.

It said also investments in government bonds by non-bank investors amounted to 82.7 billion drams (an increase of 15.4%). The investments of the Central Bank slashed by 54.7% to 28.5 billion drams, while no investments in government bonds were made by non-bank agents and investment dealers.

Non-residents’ investments in government bonds amounted to 8.5 billion drams, while total investment in Armenian government bonds at the end of October amounted to 541.8 billion drams (an increase of 6.6%). ($ 1 - 485.25 drams). -0-

Investments of Armenia’s banks in government bonds have grown 10.5% since the beginning of this year reaching AMD 403.9 billion in late May, but they reduced 2.4% over one month, the Central Bank of Armenia reports

Armenian finance minister Vardan Aramyan was the first today to purchase government treasury bonds worth 50,000 drams (less than $ 100) in the presence of journalists by using the new online gp.minfin.am platform

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