The Central Bank of Azerbaijan (CBA) has scheduled a November 12 auction on placement of short-term notes in the amount of 5 million manat. The rated bargaining starts at the Baku Stock Exchange (BSE).
Ther amount is 30 mln. manat. The circulation period is 28 days. Total billed to maturity are 300 thousand notes. The par value of each is 100 manat at the maturity date on 10 December.
Recall CBA started issuing short-term notes in September 2004. This year, the planned issue of notes totals 2 billion manat. --17D-
Economics
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