Azerbaijan’s Financial Market Supervisory Authority (FIMSA) has registered a prospectus of the Azerbaijani Central Bank’s short-term notes worth 25 million manats, FIMSA said on May 8.
The message said 250,000 notes would be issued at a par value of 100 manats each, and their maturity period would be 28 days.
A short-term note is a tool of monetary policy to regulate money supply in circulation. Only banks can obtain notes. (Trend/Business World Magazine)