Short-term notes of the Central Bank of Azerbaijan (CBA) series 50104334S at the total amount of AZN 10 million placed in an auction held on 24 October 2012.
The announced offer of 35 million manat were put up for sale notes for AZN 10 million, and the total demand for them from four investors exceeded AZN 19.5 mln at face value. Orders were presented in price range from 99.8005% (YTM 2.57%) to 99.7318% (3.46%).
Price cut for competitive bids in the CBA at 99.7828% (2.80%) and the weighted average price of 99.7862% (2.75%).
Repayment of notes will be on 21 November 2012. - 15D -
Economics
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