Central Bank placed short-term notes


July 4, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) held today an auction on short-term notes.

The Baku Stock Exchange reports that on 4 July the CBA offered the notes with registration number 50100470s for 200 million for 28-day term.

The 16 investors submitted 25 orders for totally AZN 578.629 million. The investors gave AZN 99.3812 for the notes (yield: 8.01%).

In accord with CBA’s decision, the cut-off price and the weighted average price made AZN 99.3812 (yield: 8.01%). As a result, the short-term notes for AZN 200 million were placed.

The maturity date of the notes is 1 August 2018.