Central Bank placed short-term notes for AZN 300 million


January 30, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has held an auction on placement of short-term notes.

The Baku Stock Exchange reports that at the 30 January the CBA offered the short-term notes with state registration number 50100573s in the amount of AZN 300 million for the 28-day term.

The 14 investors submitted 27 orders for AZN 660.08 bn. 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 300 million were placed.

The maturity date of the notes is 27 February 2019.