17:40 - 27.11.2019

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November 27, Fineko/abc.az. An auction on short-term notes of the Central Bank has been held.

ABC.AZ reports with reference to the Baku Stock Exchange that the auction will be held on 27 November. The circulation term of the bonds is 28 days, state registration number is 50103476S, in the amount of AZN 170 million.

In the auction 15 investors submitted 17 orders at the price of AZN 99.5351 (6.01%). The total amount of orders amounted to AZN 858.9 million. Under CBA’s decision, the cut-off price of notes is determined at the level of AZN 99.5351 (6.01%), the weighted average price is AZN 99.5351 (6.01%).

As a result, the volume of notes placed amounted to AZN 170 million.