Central Bank placed short-term notes for AZN 200 million

16:50 - 29.08.2018

August 29, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has conducted today an auction on short-term notes.

The Baku Stock Exchange reports that the CBA offered notes with registration number 50101270s for AZN 200 million for the 28-day term.

The nine investors submitted 16 orders for AZN 347.46 million. The investors gave AZN 99.3812 for the notes (yield: 8.01%).

Under Central Bank’s decision, the cut-off price amounted to AZN 99.3812 (8.01%) and the weighted average price conformed to it. As a result, the short-term notes were placed for AZN 200 million.

The maturity date of the notes is 26 September 2018.

 

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