Central Bank has placed notes for AZN 200 million


May 23, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) held yesterday an auction on short-term notes.

The Baku Stock Exchange on 22 May the CBA offered short-term notes with registration number 50100476S in the amount of AZN 200 million for the period of 28 days.

The 18 investors submitted 27 orders for AZN 785.59 million. The investors offered AZN 99.4773 (yield: 6.76%) for the short-term notes.

Under CBA’s decision, the cut-off price amounted to AZN 99.4773 (yield: 6.76%), and the weighted average price was equal to it. As a result, the short-term notes were placed for AZN 200 million.

The maturity date of the notes is 19 June 2019.