Short-term notes of the National Bank go on sale at Baku State Exchange

Five investors participated in the auction. The general volume of the orders at face-value formed 54 milliard 472 million manats.

The orders were submitted in price range from 99.07 %(YTM – 12,59 % annual) to 99.07 %(YTM – 12.07 %). The National Bank set cut off price of notes on competitive orders in amount of 99,07 % (YTM – 12.07 %) and weighted average price in amount of 99.07 %(YTM –12.07 %).

The volume of notes realized at face-value was determined in amount of 2 milliard 218 million manats, including non-competitive orders in amount of 6 milliard 344 million manats.

It should be noted that the expiration date of notes is November 23

APA