Baku, Azerbaijan, May 8
By Azad Hasanli – Trend:
Azerbaijan’s Financial Market Supervisory Authority (FIMSA) has registered a prospectus of the Azerbaijani Central Bank’s short-term notes worth 25 million manats, FIMSA said May 8.
The message said 250,000 notes will be issued at a par value of 100 manats each, and their maturity period will be 28 days.
A short-term note is a tool of monetary policy to regulate money supply in circulation. Only banks can obtain notes.