BAKU, Azerbaijan, April 8. Baku Stock Exchange (BSE) has held an auction to place notes of the Central Bank of Azerbaijan (CBA), Trend reports citing the BSE.
According to the BSE, the notes worth 30 million manat ($17.6 million) with a circulation period of 252 days were placed.
During the auction, eight investors submitted 12 bids during the auction.
The total amount of the bids at nominal prices exceeded 154.9 million manat ($91.1 million).
The average weighted price of one note amounted to slightly over 97.4 manat or $57.3 (3.8 percent) in accordance with the decision of the CBA.
The maturity date of the notes is December 16, 2022.