Central Bank of Azerbaijan placed short-term notes yesterday

12:21 - 21.12.2017


December 21, Fineko/abc.az. The Central Bank of Azerbaijan placed short-term notes yesterday

According to Baku Stock Exchange CJSC, on December 20, the CBA sold notes with ISIN-code 50100366S. They were offered in the amount of AZN 200 mln for a period of 28 days.

10 investors submitted 13 applications for the purchase of notes in the amount of AZN 206,833,300. Investors gave from AZN 98.8472 (a claim for an annual return of 14.99%) to 99, 2278 manats (10.01%) for notes.

According to the decision of the Central Bank, the cut-off price was set at AZN 98.847 (14.99% yield), the weighted average price was set at AZN 99.0287 (yield 12.61%). As a result, the notes were sold for AZN 206,833,300.

The maturity date is January 17, 2018.

 

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