CBA puts up notes for auction

By Trend

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) with a circulation period of 168 days, Trend reports citing the BSE.

According to the CBA, six investors submitted ten bids during the auction.

The total amount of bids at nominal prices reached 75.8 million manat ($44.6 million).

The average weighted price of one bond made up 98.6193 manat or $58.04 (three percent) in accordance with the decision of the CBA.

The maturity date of the bonds is November 16, 2022.