Azerbaijan's Central Bank auctions off its notes
By Trend
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.
--
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!