CBA notes yield dropped to 1% per annum
BAKU/05.12.13/TURAN : Short-term notes of the Central Bank of Azerbaijan ( CBA) series 50104738S totaling AZN 5 million posted in the auction , which was held December 4, 2013 .
The announced offer was 30 million manat, for auction were exhibited notes for AZN 5 million , and the total demand for them by the two investors exceeded 10 mln at face value . Orders were presented in price range from 99.9165 % (YTM 1.00 %) to 99.9101 % ( 1.08 %).
Price cut for competitive bids in the CBA at 99.9165 % (1.00% ) and was equal to the weighted average price.
Repayment of notes held on January 3, 2014 . At the previous session of the Central Bank also notes were sold at a price of 1.08 % per annum. - 15D -
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