Short-term notes of the Central Bank of Azerbaijan (CBA) series 50103238S at the total amount of AZN 5 million posted in the auction, which took place August 14, 2013.
The announced offer of 30 million manat were put up for sale notes for AZN 5 million, and the total demand for them from the two investors exceeded 10 bn at face value. Orders were presented in price range from 99.9106% (YTM 1.15%) to 99.9080% (1.18%).
Price cut for competitive bids in the CBA at 99.9106% (1.15%) and the weighted average price.
Repayment of notes held September 11, 2013. At the previous session of the Central Bank notes were sold at a price of 1.16% per annum. - 15D -
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review