CBA notes yield jumped to 1.17 % per annum

Short-term notes of the Central Bank of Azerbaijan ( CBA) series 50104038S at the total amount of AZN 5 million posted in the auction , which was held October 10, 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 15 mln AZN at face value . Orders were presented in price range from 99.9125 % (YTM 1.17 %) to 99.9026 % (1.30 %).

Price cut for competitive bids in the CBA at 99.9125 % (1.17 % ) and the weighted average price.

Repayment of notes held November 6, 2013 . At the previous session of the Central Bank notes were sold at a price of 1.13% per annum. - 15D -

 

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