Central Bank has placed short-term notes today


May 2, Fineko/abc.az. Today, the Central Bank of Azerbaijan (CBA) has placed short-term notes.

The Baku Stock Exchange informs that on 2 May the CBA offered notes with state registration number 50101767S for AZN 250 million for the 28-day period at the auction.

The 14 investors submitted 23 orders for AZN 630.97 million. The investors offered the price of AZN 99.3812 (yield: 8.01%) for the notes.

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

The maturity date of the notes is 30 May 2018.


Keywords: short-term notes