Central Bank placed short-term notes for AZN 250 million


May 30, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) held today an auction on short-term notes.

The Baku Stock Exchange reports that on 30 May the CBA offered the notes with registration number 50102167s at the auction in the amount of AZN 250 million for the 28-day term.

The 15 investors submitted 22 orders for AZN 621.385 million. The investors gave AZN 99.3812 for the notes (yield: 8.01%).

In accord with the CBA decision, both the cut-off price and the weighted average price were set at the level of AZN 99.3812 (yield: 8.01%). As a result, the short-term notes were placed for AZN 250 million.

The maturity date of the notes is 27 June 2018.


Keywords: short-term notes