The Financial Markets Supervision Authority (FIMSA) registered 500,000 short-term notes at a face value of 100 manat each. The maturity of the notes is 28 days.
Earlier in March, FIMSA registered short-term notes of the Central Bank for a total of AZN 100 million. In February, FIMSA registered 1 million 500 thousand short-term notes of the Central Bank at a nominal value of 100 manat each.
Note that short-term notes are issued within the framework of anti-inflation measures. In addition, for the sterilization of money, the Central Bank, starting in June 2016, holds a deposit auction every week. -----71D
Economics
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Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
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Belarus and Azerbaijan signed multiple cooperation agreements on Tuesday following talks between Belarusian Prime Minister Roman Golovchenko and Azerbaijani Prime Minister Ali Asadov during Asadov’s official visit to Minsk on October 3.
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