Short-term notes of the Central Bank of Azerbaijan (CBA) series 50104338S at the total amount of AZN 5 million posted in the auction, which was held October 30, 2013.
The announced offer made 30 million mantas; put up for sale were notes for AZN 5 million and the total demand for them from the two investors exceeded 10 mln AZN at face value. Orders were presented in price range from 99.9125 % (YTM 1.13 %) to 99.9150 % (1.09 %).
Price cut for competitive bids in the CBA was 99.9150 % (1.09 %) and equal to the weighted average price.
Repayment of notes is to be on November 27, 2013. At the previous session of the Central Bank notes were sold at a price of 1.13% per annum. - 15D -
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