BAKU/23.01.14/TURAN : Short-term notes of the Central Bank of Azerbaijan ( CBA) series 50100342S totaling AZN 8 million were posted in the auction , which took place January 22, 2013 .
The announced offer of 30 million manat; for auction were exhibited notes for AZN 8 million , and the total demand for them by the three investors exceeded 9 mln AZN at face value . Orders were presented in price range from 99.9184 % (YTM 1.05 %) to 99.9171 % (1.07 %).
Price cut for competitive bids in the CBA was at 99.9171 % (1.07 %) and the weighted average was 99.9175 % (1.06 %).
Repayment of the notes will be held on February 19 , 2014.
The Central Bank of Azerbaijan in 2014 emits notes for 2 billion manat. Through three auctions notes of 18 million manat were placed. At the last auction the CBA notes were sold at the price of 1.07 % per annum. - 15D -
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