The Central Bank placed short-term notes for 300 million manats

09:44 - 6.12.2018


December 6, Fineko/abc.az. Yesterday, the Central Bank of Azerbaijan (CBA) held an auction to place short-term notes.

According to the Baku stock exchange, on December 5 the CBA offered short-term notes with the number 50107720s, in the amount of 300 million manats, for a period of 28 days.

From 13 investors received 23 applications totaling 747 303,5 thousand manats. Investors offered AZN 99.4004 (7.76% yield) for short-term notes.

According to the CBA decision, the cut-off price amounted to AZN 99.4004 (7.76%), as well as the weighted average price. As a result, short-term notes of 300 million manats were placed.

Date of maturity January 2, 2019.

 

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