The auction of short-term notes of the Central Bank of Azerbaijan (CBA ) series 50100242S will be held on January 15 this year.
As stated in the BSE , the announced issue volume is AZN 30 million; on the auction there will be exhibited notes for AZN 5 million . Repayment of the notes will be held on February 12, 2014.
Central Bank of Azerbaijan in 2014 emits notes of 2 billion manat. Yet only through the auction this year notes for AZN 5 million have been placed. At the last auction the CBA notes were placed at the price of 1.07 % per annum. -15D -
Economics
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Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
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