Date: 17 September 2019, 18:04, READ:
According to BSE, the notes at a par value of 100 manats each and a maturity period of 28 days will be put up for the auction. The maturity date of the notes is Oct. 16, 2019.
Short-term notes are a tool of monetary policy to regulate money supply in circulation. Only banks can obtain the notes.
According to the requirements, each bank can submit no more than two bids: one competitive and one noncompetitive.