The Baku Stock Exchange (BSE) hosted an auction for the Azerbaijani Central Bank's (CBA) notes worth 30 million manat ($17.6 million) on November 11, Trend reports.
According to the Central Bank, nine investors submitted 16 bids during the auction.
The total amount of bids at nominal prices reached 48.9 million manat ($28.76 million).
The average weighted price of one bond made up 98 manat or $57.65 (4.41 percent) in accordance with the decision of the CBA.
Following the auction, the placement volume of notes totaled 30 million manat ($17.6 million).