CBA placed short-term notes for AZN 100 million

17:55 - 3.07.2019

July 3, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) held an auction to place short-term notes.

According to the Baku stock exchange, on July 3 the CBA offered short-term notes with the number 50101076S, in the amount of 100 million manats, for a period of 28 days.

From 17 investors received 25 applications in the amount of 629 434.4 thousand manats. Investors offered by AZN 99.4966 (6.51% yield) for short-term notes.

According to the CBA decision, the cut-off price was AZN 99.4966 (yield 6.51%) and the weighted average price was equal to it. As a result, the notes were placed for 100 million manats.

The maturity date of 31 July 2019.

 

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