Azerbaijan Central Bank has placed short-term notes today

17:46 - 12.04.2018

April 12, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has placed short-term notes today.

The Baku Stock Exchange reports that on 12 April the CBA sold notes with ISIN-code 50101467S at the auction.

The notes were offered in the amount of AZN 200 million for the 28-day term.

The 14 investors submitted 20 orders for AZN 591.726 million. The investors gave AZN 99.3812 (yield: 8.01%) for the notes.

Under 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 200 million were placed.

The maturity date of the notes is 10 May 2018.

 

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