Central Bank of Azerbaijan places short-term notes worth AZN 200 mln

09:26 - 28.09.2017

The Central Bank of Azerbaijan has today fully placed the issue of short-term notes.

According to Baku Stock Exchange CJSC, on September 27, the CBA sold notes in the amount AZN 200 mln, the turnover period - 28 days.

18 investors submitted 26 bids for the purchase of notes in the amount of AZN 550,630,500.00 (yield: 10.01%).

According to the CBA decision, the cut-off price was set at AZN 99.2278 (10.01%), and the weighted average price corresponded to it. As a result, short-term notes for AZN 200 mln were sold.