17:08 - 6.03.2019

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March 6, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has held an auction on short-term notes.

The Baku Stock Exchange reports that on 6 March the CBA offered short-term notes with registration number 50101073s in the amount of AZN 250 million for the 28-day term.

The 13 investors submitted 24 orders for AZN 673.95 million. The investors offered AZN 99.4388 for short-term notes (yield: 7.26%).

Under CBA’s decision, the cut-off price and the weighted average price amounted to AZN 99.4388 (7.26%). As a result, short-term notes for AZN 250 million were placed.

The maturity date of the notes is 3 April 2019.