Short-term notes of the Central Bank of Azerbaijan (CBA) series 50101238S at the total amount of AZN 10 million posted in the auction, which was held March 27, 2013. Volume of accepted non-competitive bids was 800 000 manats.
The announced offer was 30 million manatl; put up for sale were notes for AZN 10 million, and the total demand for them from three investors exceeded 10.8 mln at face value. Orders were presented in price range from 99.9068% (YTM 1.20%) to 99.9032% (1.25%).
Price cut for competitive bids in the CBA at 99.9032% (1.25%) and the weighted average was 99.9055% (1.22%).
Repayment of the notes will be on 24 April 2013. At the previous auction of the Central Bank notes were sold at a price of 1.25% per annum. - 15D -
Economics
-
Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
-
Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
-
The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
-
There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
Leave a review