CB Notes placement

CB Notes placement
# 31 October 2016 14:47 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. On November 2, 2016 an auction on placement of notes of Central Bank will be held on BSE.

The volume of the issue AZN 50,000,000

Volume put-up in auction AZN 4,000,000

Face value per note AZN 100

Turnover period 28 days

The maturity date November 30, 2016

Total number of bids (competitive and noncompetitive) presented by each bank should not exceed 3.

Noncompetitive bids not exceeding 20% of the issue volume are allowed at the auction.

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THE OPERATION IS BEING PERFORMED