CBA notes yield jumped to 1.07 % per annum

BAKU/09.01.14/TURAN : Short-term notes of the Central Bank of Azerbaijan ( CBA) series 50100142S totaling AZN 5 million were posted in the auction , which was held January 8, 2013 .

The announced offer was 30 million manat; for auction were exhibited notes for AZN 5 million , and the total demand for them by the two investors exceeded AZN 10 million at face value . Orders were presented in price range from 99.9170 % (YTM 1.07 %) to 99.9171 % (1.07 %).

Price cut for competitive bids in the CBA was fixed at 99.9171 % (1.07 % ) and was equal to the weighted average price.

Repayment of the notes will be held on February 5 , 2014. At the previous session of the Central Bank notes were sold at a price of 1.06 % per annum. - 15D -

 

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