Central Bank placed short-term notes for AZN 200 million

17:40 - 13.02.2019

February 13, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has held an auction on short-term notes.

The Baku Stock Exchange reports that on 13 February the CBA offered short-term notes with state registration number 50100773s for AZN 200 million for 28 day term.

The 13 investors submitted 19 orders for AZN 515.571 million. The investors offered AZN 99.4388 (yield: 7.26%) for the notes.

Under CBA’s decision, the cut-off price was AZN 99.4388 (7.26%), and the weighted average price was equal to it. As a result, the notes for AZN 200 million were placed.

Their maturity date is 13 March 2019.

 

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