Short-term notes of the Central Bank of Azerbaijan (CBA) series 50103138S at the total amount of AZN 5 million posted in the auction, which took place August 7, 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 three investors exceeded 12 mln at face value. Orders were presented in price range from 99.9106% (YTM 1.15%) to 99.9069% (1.20%).
Price cut for competitive bids in the CBA at 99.9070% (1.20%) and the weighted average was 99.9101% (1.16%).
Repayment of notes held September 4, 2013. At the previous session of the Central Bank notes were sold at a price of 1.20% per annum. - 15D -
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