Azerbaijan Central Bank placed short-term notes

12:46 - 19.04.2018

April 19, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) placed short-term notes yesterday.

The Baku Stock Exchange reports that on 18 April the CBA sold notes with ISIN-code 50101567S at the auction.

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

The 17 investors submitted received 22 orders for AZN 718.947 million. The investors gave AZN 99.3812 (yield: 8.01%) for notes.

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

The redemption date of the notes is 16 May 2018.

 

 

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