Central Bank conducted another auction


April 1, Fineko/abc.az. An auction for the placement of short-term notes of the Central Bank (CBA) has been organized at the Baku Stock Exchange. The notes have state number 50101279S, the amount of AZN 100 million and circulation term of 28 days.

ABC.AZ reports with reference to the BSE that during the auction three investors submitted four orders with price range of AZN 99.4416 (7.22%) and AZN 99.4773 (6.76%). The total amount of the orders was AZN 37.701.500,00.

According to CBA’s decision, the cut-off price of the notes is set at AZN 99.4416 (7.22%), the weighted average price AZN 99.4651 (6.91%). As a result of the auction, the volume of the placed notes was AZN 37.701.500, 00.

The maturity date of the notes is until 29 April.