Central Bank has placed short-term notes today


May 16, Fineko/abc.az. Today, the Central Bank of Azerbaijan (CBA) has placed short-term notes.

The Baku Stock Exchange reports that at the auction on 16 May the CBA offered the notes with ISIN code 50101967s for AZN 250 million for 28-day term.

The 15 investors submitted 25 orders for AZN 626.17 million. The investors gave AZN 99.3812 for the notes (yield: 8.01%).

Under 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 short-term notes were placed for AZN 250 million.

The maturity date of the notes is 13 June 2018.


Keywords: short-term notes