BAKU, Azerbaijan, April 1. Baku Stock Exchange (BSE) held an auction to place short-term (84 days) notes of the Central Bank of Azerbaijan Republic (CBAR) worth 30 million manat ($17.6 million) on April 1, Trend reports citing the BSE.
According to the CBAR, 8 investors submitted 11 bids during the auction.
The total amount of proposals at nominal prices amounted to 125.4 million manat ($73.7 million).
The average weighted price of bonds equaled 99.2359 manat or $58.37 (3.3 percent) in accordance with the decision of the CBAR.
The volume of the placed notes totaled 30 million manat ($17.6 million) following the results of the auction.
The maturity date of the notes is June 24, 2022.