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Central Bank of Azerbaijan auctions short-term notes

Finance Materials 8 June 2022 14:13 (UTC +04:00)
Central Bank of Azerbaijan auctions short-term notes
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 8. 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, six investors submitted nine bids during the auction.

The total amount of bids at nominal prices reached 86.86 million manat ($51.13 million).

The average weighted price of one bond made up 97.5649 manat or $57.42 (3.57 percent) in accordance with the decision of the CBA.

The maturity date of the bonds is February 15, 2023.

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