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Central Bank of Azerbaijan auctions off its short-term notes

Finance Materials 10 June 2022 17:05 (UTC +04:00)
Central Bank of Azerbaijan auctions off its short-term notes
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 10. An auction for short-term notes of the Central Bank of Azerbaijan (CBA) worth 30 million manat ($17.6 million) has been held at the Baku Stock Exchange (BSE), Trend reports citing the BSE.

According to the CBA, seven investors submitted 12 bids during the auction.

The total amount of bids at nominal prices reached 116.8 million manat ($68.7 million).

The average weighted price of one bond made up 97.4231 manat or $57.31 (3.78 percent) in accordance with the decision of the CBA.

The maturity date of the bonds is February 17, 2023.

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