16:48 - 25.12.2019

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December 25, Fineko/abc.az. An auction on short-term notes of the Central Bank has been conducted.

The Baku Stock Exchange reports that the Central Bank held an auction for the placement of short-term notes with ISIN code 50103976S for AZN 170 million and circulation term of 28 days.

During the auction 15 investors submitted 23 orders at the price of 99.5543 AZN (5.76%). The total amount of orders made AZN 940.897 million.

Under CBA’s decision, the cut-off price of the notes was set at the level of AZN 99.5543 (5.76%), and the weighted average price was equal to it.

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

The notes will be paid on 23 January 2020.