(MENAFN- Trend News Agency)
BAKU, Azerbaijan, May 13. 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 252 days, Trend reports citing the BSE.
According to the CBA, five investors submitted eight bids during
the auction.
The total amount of the bids at nominal prices exceeded 84.7
million manat ($49.8 million).
The average weighted price of one bond made up 97.9865 manat or
$57.67 (2.94 percent) in accordance with the decision of the
CBA.
The maturity date of bonds is January 20, 2023.
Tags:
- Baku Stock Exchange
- Central Bank of Azerbaijan
- bonds
- auction
MENAFN13052022000187011040ID1104209184
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.