BAKU, Azerbaijan, April 13. Baku Stock Exchange (BSE) has held an auction to place notes of the Central Bank of Azerbaijan Republic (CBAR), Trend reports citing the BSE.
According to the BSE, the notes worth 30 million manat ($17.6 million) with a circulation period of 168 days were placed.
According to CBAR, 11 investors submitted 17 bids during the auction.
The total amount of the bids at nominal prices exceeded 189.4 million manat ($111.4 million).
The average weighted price of one-note amounted to slightly over 98.3991 manat or $57.88 (3.49 percent) in accordance with the decision of the CBAR.