Azerbaijan Central Bank to Issue Short-Term Notes for AZN 2 bn
OREANDA-NEWS. January 18, 2011. The Central Bank of Azerbaijan is planning to increase 6.7-fold the issue volumes of short-term notes, compared with the plans for 2010.
The Baku Stock Exchange reports that on 6 December 2009 the State Committee for Securities of Azerbaijan has conducted registration of the issue prospectus of CBA notes. In accordance with it, this year the CBA will issue notes for AZN 2 bn at face value: 20 million notes with par value of AZN 100 each.
The target plan for 2010 was notes for only AZN 300 million.
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