(MENAFN- Trend News Agency)
BAKU, Azerbaijan, May 11. The Baku Stock
Exchange (BSE) has held an auction for notes of the Central Bank of
Azerbaijan (CBA) worth 30 million manat ($17.6 million) with a
circulation period of 168 days, Trend reports citing the BSE.
According to the CBA, six investors submitted nine bids during
the auction.
The total amount of the bids at nominal prices exceeded 114.5
million manat ($67.3 million).
The average weighted price of one bond made up 98.6647 manat or
$58.04 (2.9 percent) in accordance with the decision of the
CBA.
The maturity date of bonds is October 26, 2022.
Tags:
- Baku Stock Exchange
- Central Bank
- bonds
- auction
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