Central Bank has placed short-term notes for AZN 200 million

17:11 - 26.09.2018

September 26, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) held today an auction on short-term notes.

The Baku Stock Exchange informs that at the auction the CBA offered the notes with registration number 50101670s for AZN 200 million for the 28-day term.

The 13 investors submitted the 22 orders for AZN 504.98 million. The investors offered AZN 99.3812 (yield: 8.01%) for the notes.

Under CBA decision, the cut-off price was AZN 99.3812 (8.01%), and the weighted average price corresponded to it. As a result, the short-term notes for AZN 200 million were placed.

Their maturity date is 24 October 2018.

 

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