BAKU/09.01.14/TURAN : Short-term notes of the Central Bank of Azerbaijan ( CBA) series 50100142S totaling AZN 5 million were posted in the auction , which was held January 8, 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 AZN 10 million at face value . Orders were presented in price range from 99.9170 % (YTM 1.07 %) to 99.9171 % (1.07 %).
Price cut for competitive bids in the CBA was fixed at 99.9171 % (1.07 % ) and was equal to the weighted average price.
Repayment of the notes will be held on February 5 , 2014. At the previous session of the Central Bank notes were sold at a price of 1.06 % per annum. - 15D -
Economics
-
Azerbaijani President Ilham Aliyev inspected a fleet of specialized municipal service vehicles in Baku on Thursday, as part of efforts to modernize urban infrastructure and improve environmental sustainability.
-
Azerbaijan's National Depository Center (NDC) has announced a series of strategic goals and digital innovations for 2024-2026, aimed at fostering trust, expanding market access, and diversifying investment instruments in the country’s capital markets.
-
The payment method used in Baku's public buses, which operates via a mobile phone app and QR code activated by the M10 program, creates difficulties for passengers, economist Samir Aliyev stated on Facebook.
-
Starting next year, the Azerbaijani government will adopt a new policy towards entrepreneurs who export domestic products abroad but fail to return a portion of their earnings to the country. This issue often concerns Azerbaijani tomatoes sold in Russia. According to National Bank Chairman Taleh Kazimov, decisions to penalize such entrepreneurs will no longer be made without a thorough investigation into the reasons behind the failure to repatriate earnings.
Leave a review