Central Bank Of Azerbaijan Auctions Short-Term Notes| MENAFN.COM

Saturday, 10 December 2022 06:03 GMT

Central Bank Of Azerbaijan Auctions Short-Term Notes


(MENAFN- Trend News Agency)

BAKU, Azerbaijan, November 24. 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 24, trend reports citing the BSE.

According to the Central Bank, eight investors submitted 14 bids during the auction.

The total amount of bids at nominal prices reached 49.13 million manat ($22.2 million).

The average weighted price of one bond made up 96.90 manat or $56.93 (4.57 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 August 3, 2023.

MENAFN24112022000187011040ID1105230169


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.