Azernews.Az

Monday July 7 2025

Azerbaijani Central Bank to auction notes worth 250M manats

3 April 2019 11:23 (UTC+04:00)
Azerbaijani Central Bank to auction notes worth 250M manats

By Trend

An auction for placement of short-term notes of Azerbaijan’s Central Bank (CBA), worth 250 million manats, will be held at the Baku Stock Exchange (BSE) on April 3, Trend reports referring to BSE on April 2.

According to the message, 2.5 million notes at a par value of 100 manats each and a maturity period of 28 days will be put up for the auction. The maturity date of the notes is May 1, 2019.

Short-term notes are a tool of monetary policy to regulate money supply in circulation. Only banks can obtain notes.

(1.7 AZN = 1 USD on April 2)

---

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.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more