Central Bank placed short-term notes for AZN 300 million

17:31 - 20.02.2019


February 20, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has conducted an auction on short-term notes.

The Baku Stock Exchange reports that at the 20 February auction the CBA offered short-term notes with state registration number 50100873s in the amount of AZN 300 million for 27-day term.

The 15 investors submitted 28 orders for totally AZN 757.307 million. The investors offered AZN 99.4588 (yield: 7.26%) for the short-term notes.

Under CBA’s decision, the cut-off price was set at the level of AZN 99.4588 (7.26%) and the weighted average price was equal to it. As a result, the short-term notes for AZN 300 million were placed.

The maturity date of the notes is 19 March 2019.

 

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