Short-term notes of the Central Bank of Azerbaijan (CBA) series 50105234S at the total amount of AZN 10 million were posted in the auction, which took place December 26, 2012.
The announced offer was 30 million manat, put up for sale were notes for AZN 10 million, and the total demand for them from five investors exceeded 19.5 mln at face value. Orders were presented in price range from 99.9067% (YTM 1.20%) to 99.7941% (2.65).
Price cut for competitive bids in the CBA is at 99.7941% (2.65%) and the weighted average price is at 99.8544% (1.87%)
Repayment of the notes will be on 23 January 2013. At the previous auction of the Central Bank notes were sold at a price of 1.42% per annum. - 15D -
Economics
-
On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
-
The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
-
Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
-
Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
Leave a review