Azerbaijan Central Bank has fully placed short-term notes today

17:22 - 28.03.2018


March 28, Fineko/abc.az. The Central Bank of Azerbaijan has placed short-term notes today.

The Baku Stock Exchange informs that on 28 March the CBA sold notes with ISIN-code 50101267S.

The notes were offered in the amount of AZN 250 million for the 28-day period.

The 18 investors submitted 23 orders for purchase of notes in the amount of AZN 822.428 million. The investors gave AZN 99.3812 (yield: 8.01%) for notes.

In accord with the CBA’s decision the cut-off price was set at the level of AZN 99.3812 (yield: 8.01%) and was equal to the weighted average price. As a result, the notes for AZN 250 million were placed.

The maturity date is 25 April 2018.

 

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