Central Bank placed short-term notes for AZN 300 million

17:45 - 28.11.2018

November 28, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) held an auction on short-term notes.

The Baku Stock Exchange reports that on 28 November the CBA offered the short-term notes with state registration number 50100672S for AZN 300 million for the period of 28 days.

The 14 investors submitted the 25 orders for AZN 787.64 million. The investors offered AZN 99.4004 (yield: 7.76%) for the notes.

Under the CBA decision, the cut-off price reached AZN 99.4004 (7.76%), and the weighted average price conformed to it. As a result, the short-term notes for AZN 300 million were placed.

The maturity date of the notes is 26 December 2018.

 

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