Short-term notes of the Central Bank of Azerbaijan (CBA) series 50102638S at the total amount of AZN 5 million were posted in the auction, which was held July 3, 2013.
The announced offer was 30 million manat, put up for sale were notes for AZN 5 million, and the total demand for them from three investors exceeded 8.5 mln at face value. The orders were presented in price range from 99.9070% (YTM 1.20%) to 99.6500% (4.52%).
The price cut for competitive bids in the CBA was at 99.9068% (1.20%) and was equal to the weighted average price.
Repayment of the notes will be held on July 31, 2013. The previous auction on placement of notes of the Central Bank was declared invalid. - 15D -
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