Investors bought the notes of CBA at 1.13 % per annum

Short-term notes of the Central Bank of Azerbaijan ( CBA) series 50103838S at the total amount of AZN 5 million were posted in the auction , which was held September 25, 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 the two investors exceeded 15 bn at face value . Orders were presented in price range from 99.9125 % (YTM 1.13 %) to 99.9106 % (1.15 %).

Price cut for competitive bids in the CBA at 99.9125 % (1.13 %) and was equal to the weighted average price.

Repayment of the notes will be held October 23, 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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