Short-term notes for AZN 170 million placed

16:06 - 6.11.2019

November 6, Fineko/abc.az. The Central Bank of Azerbaijan has conducted an auction on short-term notes.

The Baku Stock Exchange reports the CBA offered the short-term notes with state registration number 50103176s for AZN 170 million for the period of 28 days.

The 14 investors submitted 24 orders for AZN 664.086 million. The investors offered AZN 99.5351 (yield: 6%) for placement of short-term notes.

Under CBA’s decision, the cut-off price was 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 5 December 2019.

 

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