Auction on Central Bank’s short-term notes held today


February 28, Fineko/ The Central Bank of Azerbaijan (CBA) has placed successfully short-term notes today.

The Baku Stock Exchange reports that on 28 February the Central Bank sold the notes with ISIN-code 50100967S. They were offered in the amount of AZN 250 million for the 28-day period.

The 20 investors submitted 23 orders for purchase of notes for AZN 942.37 million. The investors gave AZN 99.3812 for notes (claim for annual yield: 8.01%).

In accord with CBA’s decision the cut-off price was set at AZN 99.3812 (yield: 8.01%) and the weighted average price conformed to it.

As a result, the short-term notes for AZN 250 million have been placed.


Keywords: short-term notes