Central Bank placed short-term notes for AZN 200 million


July 17, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has conducted an auction on short-term notes.

The Baku Stock Exchange reports that the CBA offered short-term notes with state registration number 50101276S for AZN 200 million for the period of 28 days.

The 19 investors submitted 33 orders for AZN 975.169 million. The investors offered AZN 99.4966 (yield: 6.51%) for short-term notes.

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

The maturity date of the notes is 14 August 2019.