Short-term notes of the Central Bank of Azerbaijan (CBA) series 50101338S at the total amount of AZN 10 million posted in the auction, which was held April 3, 2013.
The announced offer of 30 million manat were put up for sale notes for AZN 10 million, and the total demand for them from the four investors exceeded 10.5 bn at face value. Orders were presented in price range from 99.9064% (YTM 1.20%) to 99.8951% (1.35%).
Price cut for competitive bids in the CBA at 99.8951% (1.35%) and the weighted average was 99.9042% (1.23%).
Repayment of notes held May 1, 2013. At the previous session of the Central Bank notes were sold at a price of 1.25% per annum. - 15D -
Economics
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