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Azerbaijan’s Central Bank auctions short-term notes

BAKU, Azerbaijan, The Baku Stock Exchange (BSE) has hosted an auction for notes of the Central Bank of Azerbaijan (CBA) worth 30 million manat ($17.6 million), Trend reports citing the BSE.

According to the CBA, four investors submitted seven bids during the auction.

The total amount of bids at nominal prices reached 81.6 million manat ($48.04 million).

The average weighted price of one bond made up 97.8278 manat or $57.58 (3.17 percent) in accordance with the decision of the CBA.

The maturity date of the bonds is February 10, 2023.

Source: TREND News Agency