Central Bank has fully placed short-term notes

16:41 - 27.06.2018

June 27, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) held an auction on short-term notes today.

The Baku Stock Exchange reports that on 27 June the CBA offered the notes with state registration number 50100370s for AZN 250 million for 28 day-period.

The 15 investors submitted 24 orders for totally AZN 603.527 million. The investors gave AZN 99.3812 for the notes (yield: 8.01%).

According to the CBA decision, the cut-off price was equal to AZN 99.3812 (yield: 8.01%) and the weighted average price was set at the same level. As a result, the short-term notes for AZN 250 million were placed.

Maturity date is 25 July 2018.

 

 

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