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Azerbaijan's Central Bank puts up short-term notes for auction

Finance Materials 13 June 2022 16:40 (UTC +04:00)
Azerbaijan's Central Bank puts up short-term notes for auction
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 13. 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, seven investors submitted ten bids during the auction.

The total amount of bids at nominal prices reached 89.58 million manat ($52.7 million).

The average weighted price of one bond made up 98.39 manat or $57.9 (3.5 percent) in accordance with the decision of the CBA.

The maturity date of the bonds is November 28, 2022.

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