Demand exceeds supply at Azerbaijani Central Bank’s auction
Trend:
The Baku Stock Exchange (BSE) held an auction for placement of short-term notes of Azerbaijan’s Central Bank (CBA) worth 250 million manats with a maturity period of 28 days, the BSE said in a message on May 2.
Demand at the auction amounted to 630.97 million manats, while average price per note - 99.3812 manat.
The deadline for payments on the notes is May 30, 2018.
($1 = 1.7 AZN on May 2)
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