Central Bank placed short-term notes for AZN 200 million


June 12, Fineko/abc.az. The Central Bank of Azerbaijan has held an auction on short-term notes.

The Baku Stock Exchange reports that on 12 June the CBA offered the short-term notes with state registration number 50100776S in the amount of AZN 200 million for the period of 28 days.

The 17 investors submitted 24 orders for AZN 936.817 million. The investors offered AZN 99.4966 (yield: 6.51%) for short-term notes.

Under CBA’s decision, the cut-off price amounted to AZN 99.4966 (yield: 6.51%) and the weighted average price conformed to it. As a result, the short-term notes were placed for AZN 200 million.

The maturity date of the notes is 10 July 2019.