Central Bank of Azerbaijan puts up short-term notes for auction

Finance Materials 27 April 2022 13:18 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, April 27. Baku Stock Exchange (BSE) held an auction to place short-term (28 days) notes of the Central Bank of Azerbaijan Republic (CBAR) worth 100 million manat ($58.8 million) on April 27, Trend reports citing the BSE.

According to the CBAR, 19 investors submitted 24 bids during the auction.

The total amount of proposals at nominal prices amounted to 999.7 million manat ($588 million).

The average weighted price of bonds equaled 99.9158 manat or $58.77 (6.26 percent) in accordance with the decision of the CBAR.

The volume of the placed notes totaled 100 million manat ($58.8 million) following the results of the auction.

The maturity date of the notes is May 25, 2022.