TODAY.AZ / Business

Investors keep high interest in notes of Azerbaijan's Central Bank

17 January 2019 [13:15] - TODAY.AZ

By  Trend


The Baku Stock Exchange (BSE) held an auction for placement of short-term notes of Azerbaijan’s Central Bank (CBA) worth 200 million manats with a maturity period of 28 days, Trend reports referring to the BSE.

The demand at the auction exceeded the supply by 2.4 times - the banks applied for 483,6 million manats, the BSE said.

The deadline for payment on notes is Feb. 13, 2019.

The short-term notes are an instrument of monetary and credit policy for regulating the money stock in circulation. Only banks can acquire notes.

(1 USD = 1.7 AZN on Jan. 17)

URL: http://www.today.az/news/business/178157.html

Print version

Views: 473

Connect with us. Get latest news and updates.

Recommend news to friend

  • Your name:
  • Your e-mail:
  • Friend's name:
  • Friend's e-mail: