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Central Financial institution of Azerbaijan auctions short-term notes



BAKU, Azerbaijan, October 5. The Baku Inventory
Change (BSE) hosted two auctions for short-term notes of the
Central Financial institution of Azerbaijan (CBA) price 60 million manat ($35.2
million) on October 5, Development reviews citing the BSE.

In line with the Central Financial institution, 14 buyers submitted 19 bids
through the public sale.

The overall quantity of bids at nominal costs reached 72.14 million
manat ($42.37 million).

The typical weighted worth of 1 bond made up 99.69 manat or
$58.55 (4 %) in accordance with the choice of the
CBA.

Following the public sale, the position quantity of notes totaled 30
million manat ($17.6 million).

The maturity date of the bonds is November 2, 2022.

Furthermore, seven buyers submitted 11 bids through the second
public sale.

The overall quantity of bids at nominal costs amounted to 42.29
million manat ($24.8 million).

The typical weighted worth of 1 bond made up 99.05 manat or
$58.18 (4.13 %) in accordance with the choice of the
CBA.

Following the public sale, the position quantity of notes totaled 30
million manat ($17.6 million).

The maturity date of the bonds is December 28, 2022.

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