Central Bank has placed fully short-term notes


January 10, Fineko/abc.az. The Central Bank of Azerbaijan has placed short-term notes fully today.

The Baku Stock Exchange reports that the CBA sold the notes with registration number 50100267S.

The notes were offered in the amount of AZN 150 million for the 28-day period.

The 15 investors submitted 19 orders for purchase of notes in the amount of AZN 150.686 million. Investors gave from AZN 98.8472 (claim for annual yield: 14.99%) up to AZN 99.0755 (12.00%) for the notes.

Under the CBA decision, the cut-off price was set at AZN 98.8472 (14.99%) and weighted average price at AZN 98.8803 (14.52%).

As a result, the notes were placed for AZN 150 million.

The maturity date is 7 February 2018.


Keywords: short-term notes