17:00 - 4.04.2018

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April 4, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has placed short-term notes today.

The Baku Stock Exchange reports that on 4 April the CBA sold notes with ISIN-code 50101367S at the auction.

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

The 18 investors submitted 21 applications for purchase of notes in the amount of AZN 788.035 million. The investors gave AZN 99.3812 (yield: 8.01%) for the notes.

In accord with the CBA’s decision, the cut-off price was equal to the weighted average price and was set at the level of AZN 99.3812 (yield: 8.01%). As a result, the notes for AZN 150 million were placed.

The maturity date is 2 May 2018.