Central Bank’s short-term notes placed for AZN 170 million


November 13, Fineko/abc.az. The Central Bank of Azerbaijan has conducted an auction on its short-term notes.

The Baku Stock Exchange informs that it offered the short-term notes with state registration number 50103276s, in the amount of AZN 170 million for the 28-day period.

The 14 investors submitted 23 orders for the amount of AZN 773.346 million. The investors offered for short-term notes by AZN 99.5351 (yield: 6.01%).

Under CBA’s decision, the cut-off price was 99.5351 manats (yield: 6.01%) 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 12 December 2019.