(MENAFN- Trend News Agency) BAKU, Azerbaijan, November 17. The Baku Stock
Exchange (BSE) hosted an auction for the Azerbaijani Central Bank's
(CBA) short-term notes worth 30 million manat ($17.6 million) on
November 17, trend reports citing the BSE.
According to the Central Bank, seven investors submitted 14 bids
during the auction.
The total amount of bids at nominal prices reached 40.367
million manat ($23.7 million).
The average weighted price of one bond made up 98.07 manat or
$57.69 (4.23 percent) in accordance with the decision of the
CBA.
Following the auction, the placement volume of notes totaled 30
million manat ($17.6 million).
The maturity date of the bonds is May 4, 2023.
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