17:40 - 18.10.2017

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

The Baku Stock Exchange reports that on 18 September the CBA sold notes with ISIN-code 50100161S. They were offered in the amount of AZN 100 million for the 28-day term.

The 15 investors received 20 orders for purchase of notes for AZN 99.2278 (yield: 10.01%). The nominal value of the orders amounted to AZN 422.489 million.

In accord with the CBA decision the cut-off price was set at the level of AZN 99.2278 (10.01%) and the weighted average price conformed to it. As a result, short-term notes for AZN 100 million were sold.