Central Bank placed short-term notes for AZN 170 million

16:42 - 30.10.2019

October 30, Fineko/abc.az. The Central Bank of Azerbaijan conducted an auction on short-term notes.

The Baku Stock Exchange informs that it offered the short-term notes with state registration number 50103076s for AZN 170 million with the 28-day circulation term.

The 14 investors submitted 22 orders for AZN 655.99 million and offered AZN 99.5351 (yield: 6%) for the short-term notes.

Under CBA’s decision, the cut-off price amounted to AZN 99.5351 (yield: 6%) and the weighted average price conformed to it.

As a result, the notes were placed for AZN 170 million.

The maturity date of the notes is 28 November 2019.

 

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