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CBA notes yield fell to 1.06 % per annum
BAKU/26.12.13/TURAN : Short-term notes of the Central Bank of Azerbaijan ( CBA) series 50105138S totaling AZN 5 million were posted in the auction , which took place December 25, 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 AZN 7 mln at face value . Orders were presented in price range from 99.9185 % (YTM 1.07 %) to 99.9171 % ( 1.05 %).
Price cut for competitive bids in the CBA at 99.9171 % (1.07 %) and the weighted average was 99.9177 % (1.06 %).
Repayment of notes held on 22 January 2014. At the previous session of the Central Bank notes were sold at a price of 1.07 % per annum. - 15D -
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