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Azerbaijan's Central Bank auctions notes

Finance Materials 25 April 2022 16:23 (UTC +04:00)
Azerbaijan's Central Bank auctions notes
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, April 25. The Baku Stock Exchange (BSE) hosted an auction on the placement of notes (84 days) of the Central Bank of Azerbaijan (CBA) in the amount of 30 million manat ($17.6 million) on April 25, Trend reports citing the BSE.

According to the CBA, seven investors submitted 11 bids during the auction.

The total amount of bids at nominal prices amounted to 123.8 million manat ($72.8 million).

The average weighted price of one bond made up 99.3164 manat, or $58.45 (2.95 percent) in accordance with the decision of the Central Bank.

The maturity date of the bonds is July 18, 2022.

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