Azerbaijan Central Bank to issue notes worth 5M manats
Baku, Azerbaijan, Jan. 16
By Anvar Mammadov – Trend:
Azerbaijan’s Financial Market Supervisory Authority (FIMSA) has registered prospectus of short-term notes worth 5 million manats of the Central Bank (CBA), FIMSA said Jan 16.
Some 50,000 notes at a par value of 100 manats each and the maturity period of 28 days will be issued.
A short-term note is a tool of monetary policy to regulate money supply in circulation. Only banks can obtain notes.