The Central Bank placed short-term notes for 250 million manats


December 13, 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 12 the CBA offered short-term notes with the number 50100872S, in the amount of 250 million manats, for a period of 28 days.

From 12 investors received 21 applications totaling 499 299,1 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 250 million manats were placed.

Date of maturity January 9, 2019.