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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 -
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