Central Bank placed short-term notes for AZN 250 million


September 19, Fineko/abc.az. The Central Bank of Azerbaijan has held today an auction on short-term notes.

The Baku Stock Exchange reports that at the auction the CBA offered notes with registration number 50101570s for AZN 250 million for 28 day term.

The 15 investors submitted the 27 orders for AZN 426.145 million. The investors offered AZN 99.3812 (yield: 8.01%) for the notes.

Under CBA decision, the cut-off price amounted to AZN 99.3812 (8.01%) and weighted average price conformed to it. As a result, the short-term notes for AZN 250 million were placed.

The maturity date of the notes is 17 October 2018.


Keywords: short-term notes