The notes are worth 25 million manats (1.8559 AZN/USD on Jan. 25).
Some 250,000 notes at a par value of 100 manats each and maturity period of 28 days will be put up for auction. The maturity date of the notes is Feb. 23, 2017.
Short-term notes are a tool of monetary policy to regulate money supply in circulation. Only banks can obtain notes.
Azerbaijan Central Bank to put up notes for auction
25 January 2017
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An auction for placement of short-term notes of Azerbaijan’s Central Bank (CBA) will be held at the Baku Stock Exchange (BSE) on Jan. 26, the BSE has said.
