16:12 - 9.10.2019
October 9, Fineko/abc.az. The Central Bank of Azerbaijan held an auction on the placement of short-term notes.
The Baku Stock Exchange informs that the CBA offered short-term notes with state registration number 50102776S for AZN 170 million and 28-day term in the auction on 9 October.
The 14 investors submitted 22 orders in the total amount of AZN 647.7 million. The investors offered AZN 99.5158 (yield: 6.26%) for short-term notes.
Under CBA’s decision, the cut-off price reached AZN 99.5158 (yield: 6.26%) and the weighted average price conformed to it.
As a result, the notes were placed for AZN 170 million.
The maturity date of the notes is 7 November 2019.
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