BAKU, Azerbaijan, May 23. The Baku Stock Exchange (BSE) will host an auction on the placement of the Azerbaijani Central Bank's short-term notes on May 24 and May 25, Trend reports.
Information on the parameters of issuing notes according to the BSE is presented as below:
|
State registration number |
Placement date |
Placement volume |
Nominal value |
Maturity date |
|
AZ2069024704 |
24.05.2023 |
30 million manat ($17.65 million) |
10,000 manat ($5,880) |
21.06.2023 |
|
AZ2071024700 |
24.05.2023 |
30 million manat |
10,000 manat |
16.08.2023 |
|
AZ2067024706 |
25.05.2023 |
30 million manat |
10,000 manat |
09.11.2023 |
|
AZ2068024705 |
25.05.2023 |
30 million manat |
10,000 manat |
01.02.2024 |
Previously, the auction on the placement of the Central Bank's short-term notes was held on April 19 and April 20.
The total number of bids submitted by each bank during the auction should not be more than two (competitive and non-competitive), and the nominal quantity of them should not exceed the number of notes auctioned.
Non-competitive orders are allowed, provided they do not exceed 20 percent of the volume of notes.
Payments on transactions concluded on the results of the auction will be carried out in T + 0 mode. There is no price range restriction on submitted orders.
Only local banks operating on the basis of a license can purchase the CBA notes.