17:24 - 23.05.2018

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May 23, Fineko/abc.az. Today, the Central Bank of Azerbaijan (CBA) has held an auction on placement of short-term notes.

The Baku Stock Exchange reports that on 23 May the CBA offered notes with state registration number 50102067s at the auction in the amount of AZN 300 million for the 28-day term.

The 17 investors submitted the 27 orders for AZN 535.66 million. The investors gave AZN 99.3812 for the notes (yield: 8.01%).

In accord with the CBA decision, the cut-off price? as well as the weighted average price, was set at the level of AZN 99.3812 (yield 8.01%). As a result, the short-term notes for AZN 300 million were placed.

The maturity date of the notes is 20 June 2018.