10:43 - 26.11.2019

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November 26, Fineko/abc.az. An auction on placement of short-term notes of the Central Bank will be held at the Baku Stock Exchange. 

The BSE informs ABC.AZ that the collection of bids during the auction will be organized from 11 am till 12:30 pm.

The volume of notes put up for the auction is AZN 170 million, the nominal value is AZN 100, the circulation period is 28 days, the maturity date is 26 December 2019. The total number of orders submitted by each bank should not exceed 2 (1 competitive and 1 non-competitive). Non-competitive orders may be accepted on the condition that they do not exceed 20% of the note issue. Settlements on the concluded transactions as a result of the auction will be carried out in T+1 regime.

 

By Elmir Murad