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BAKU, Azerbaijan, January 25. The Baku Inventory
Alternate has hosted two auctions for the Azerbaijani Central Financial institution’s
28-day and 84-day short-term notes value 90 million manat ($52.86
million), Development
studies citing the trade.
In response to the Central Financial institution, 9 traders submitted 13 bids
throughout the first public sale.
The entire quantity of bids at nominal costs reached 63.04 million
manat ($37.02 million).
The typical weighted worth of 1 bond made up 99.48 manat or
$58.43 (6.71 %) in accordance with the financial institution’s resolution.
Following the public sale, the location quantity of notes totaled 45
million manat ($26.4 million).
The maturity date of the bonds is February 22, 2023.
Solely native banks working on the idea of a license can
buy the Central Financial institution’s notes.
In response to the Central Financial institution, 9 traders submitted 12 bids
throughout the public sale.
The entire quantity of bids at nominal costs reached 56.1 million
manat ($32.95 million).
The typical weighted worth of 1 bond made up 98.18 manat or
$57.67 (7.95 %) in accordance with the financial institution’s resolution.
Following the public sale, the location quantity of notes totaled 45
million manat ($26.4 million).
The maturity date of the bonds is April 19, 2023.
Solely native banks working on the licensed foundation should purchase
the Central Financial institution’s notes.
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