Short-term notes of the Central Bank of Azerbaijan (CBA) series 50103238S at the total amount of AZN 5 million posted in the auction, which took place August 14, 2013.
The announced offer of 30 million manat were put up for sale notes for AZN 5 million, and the total demand for them from the two investors exceeded 10 bn at face value. Orders were presented in price range from 99.9106% (YTM 1.15%) to 99.9080% (1.18%).
Price cut for competitive bids in the CBA at 99.9106% (1.15%) and the weighted average price.
Repayment of notes held September 11, 2013. At the previous session of the Central Bank notes were sold at a price of 1.16% per annum. - 15D -
Economics
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