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Azerbaijan's Central Bank auctions short-term notes

Finance Materials 6 June 2022 14:58 (UTC +04:00)
Azerbaijan's Central Bank auctions short-term notes
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 6. The Baku Stock Exchange (BSE) has hosted an auction for short-term notes of the Central Bank of Azerbaijan (CBA) worth 30 million manat ($17.6 million), Trend reports via the BSE.

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

The total amount of bids at nominal prices reached 79.3 million manat ($46.6 million).

The average weighted price of one bond made up 98.4427 manat or $57.91 (3.39 percent) in accordance with the decision of the CBA.

The maturity date of the bonds is November 21, 2022.

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