16:40 - 29.05.2019

---

May 29, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has conducted an auction on short-term notes.

The Baku Stock Exchange reports that on 29 May the CBA offered the short-term notes with state registration number 50100576S for AZN 200 million with the period of 27 days.

The 19 investors submitted 29 orders for AZN 875.1 million. The investors offered AZN 99.4959 for the short-term notes (yield: 6.76%).

Under CBA’s decision, the cut-off price was set at the level of AZN 99.4959 (yield: 6.76%) and the weighted average price was equal to it. As a result, the short-term notes were placed for AZN 200 million.

The maturity date of the notes is 25 June 2019.