Central Bank placed short-term notes for AZN 200 million


January 16, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) held an auction on short-term notes.

The Baku Stock Exchange reports that on 16 January the CBA offered the notes with registration number 50100373s for AZN 200 million for 28 day term.

The 12 investors submitted 15 orders for AZN 483.6 million. The investors offered AZN 99.4004 (yield: 7.76%) for the notes.

Under the CBA decision, the cut-off price amounted to AZN 99.4004 (7.76%) as well as the weighted average price. As a result, the short-term notes for AZN 200 million were placed.

Their maturity date is 13 February 2019.