11:48 - 20.12.2018

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December 20, Fineko/abc.az. Yesterday, the Central Bank of Azerbaijan (CBA) held an auction on short-term notes.

The Baku Stock Exchange reports that on 19 December the CBA offered the short-term notes with state registration number 50100972s for AZN 200 million and 28-day term.

The eight investors submitted 15 orders for AZN 158.267 million. The investors offered for short-term notes from AZN 99.2668 (yield: 9.50%) to AZN 99.4004 (7.76%).

Under CBA’s decision, the cut-off price reached AZN 99.2668 (9.50%) and the weighted average price AZN 99.3247 (8.74%). As a result, the short-term notes were placed not fully for AZN 158.267 million. Their maturity date is 16 January 2019.