19:36 - 10.04.2019
April 10, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) conducted an auction on short-term notes.
The Baku Stock Exchange reports that on 10 April the CBA offered the short-term notes with state registration number 50101573S for AZN 200 million for 28-day term.
The 10 investors submitted 20 orders for totally AZN 167.28 million. The investors offered for short-term notes from AZN 99.3053 (yield: 8.99%) to AZN 99.4581 (7.01%).
Under CBA’s decision, the cut-off price was AZN 99.3053 (8.99%), and the weighted average price AZN 99.3851 (7.95%). As a result, the short-term notes were placed for only AZN 167.277 million.
The maturity date of the notes is 8 May 2019.
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