CBA notes yield dropped to 1% per annum
BAKU/05.12.13/TURAN : Short-term notes of the Central Bank of Azerbaijan ( CBA) series 50104738S totaling AZN 5 million posted in the auction , which was held December 4, 2013 .
The announced offer was 30 million manat, for auction were exhibited notes for AZN 5 million , and the total demand for them by the two investors exceeded 10 mln at face value . Orders were presented in price range from 99.9165 % (YTM 1.00 %) to 99.9101 % ( 1.08 %).
Price cut for competitive bids in the CBA at 99.9165 % (1.00% ) and was equal to the weighted average price.
Repayment of notes held on January 3, 2014 . At the previous session of the Central Bank also notes were sold at a price of 1.08 % per annum. - 15D -
Economics
-
The Islamic Development Bank (IsDB) is stepping up its efforts to mobilize Islamic banking resources in the fight against climate change, President of the IDB Muhammad Sulaiman Al Jasser said on Thursday during a roundtable at COP29.
-
Climate change poses a serious risk to global economic and financial stability, said Bo Li, Deputy Managing Director of the International Monetary Fund (IMF), at the event titled "Global Financial System: Scaling Up Climate Action Financing" held as part of COP29.
-
Azerbaijan's banking sector has unveiled a comprehensive set of initiatives aimed at bolstering sustainable development, according to Zakir Nuriyev, President of the Azerbaijan Banks Association (ABA). Nuriyev outlined the plans during the second panel of the "Global Financial System: Expanding Climate Finance" event.
-
Azerbaijan remains steadfast in its commitment to developing a sustainable green economy, according to Taleh Kazimov, Chairman of the Central Bank of Azerbaijan (CBA). Speaking at the COP29 event on Thursday titled “Global Financial System: Scaling Up Finance for Climate Action,” Kazimov emphasized the country's strategic focus on green development as part of its broader socio-economic agenda for 2030.
Leave a review