17:13 - 4.10.2019

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October 4, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has held an auction on placement of short-term notes.

The Baku Stock Exchange informed on the occasion to website ABC.AZ.

On 4 October, the CBA offered short-term notes with state registration number 50302576S, in the amount of AZN 30 million, for the period of 168 days.
The nine investors submitted 13 orders in the amount of AZN 96.9681 (6.70%) and AZN 97.3647 (5.80%). The total amount of the orders at nominal price was AZN 117,325,000.00.
Under CBA’s decision, the cut-off price was AZN 97.2145 (yield: 6.14%) and weighted average price AZN 97.2514 (6.06%).
As a result, the notes were placed for AZN 30 million.
The maturity date of the notes is 23 March 2020.