CBA Notes Yield Fell to 1.11 % per Annum
BAKU/12.09.13/TURAN : Short-term notes of the Central Bank of Azerbaijan ( CBA) series 50103638S at the total amount of AZN 5 million posted in the auction , which was held September 11, 2013 .
The announced offer was of 30 million manat, put up for sale were notes for AZN 5 million, and the total demand for them from the two investors was over 9 mln AZN at face value. Orders were presented in price range from 99.9145 % (YTM 1.10 %) to 99.9106 % (1.15 %).
Price cut for competitive bids in the CBA at 99.9106 % (1.15 %) and the weighted average was 99.9137 % (1.11 %).
Repayment of the notes will be held October 9, 2013 . At the previous session of the Central Bank notes were sold at a price of 1.15% per annum. - 15D -
Economics
-
The Azerbaijani government has adopted new guidelines to facilitate employment for individuals with special social protection needs and those facing difficulties in securing jobs. The resolution, approved on December 29 by the Cabinet of Ministers, outlines targeted programs aimed at job creation through public-private collaboration.
-
The Cabinet of Ministers of Azerbaijan has approved new regulations to facilitate targeted employment programs aimed at supporting individuals with special social protection needs and those facing employment challenges. The measures, under the State Employment Agency, seek to enhance job creation in priority economic sectors.
-
The Cabinet of Ministers of Azerbaijan has announced key amendments to various regulatory acts to ensure compliance with the law adopted on May 24, 2024, aimed at updating the Tax Code, the Customs Code, and laws on state duties and licensing.
-
The Azerbaijani Cabinet has implemented significant changes to energy regulations in line with new laws aimed at enhancing the country’s electrical infrastructure. A decree signed by Prime Minister Ali Asadov on December 29 introduces amendments to several prior governmental decisions and cancels previous regulations, including a key rule on electricity production and equipment operation limits.
Leave a review