Short-term notes of the Central Bank of Azerbaijan (CBA) series 50104634S at the total amount of AZN 10 million were posted in the auction, which took place November 21, 2012.
The announced offer made up 35 million manat; put up for sale were notes for AZN 10 million, and the total demand for them from three investors exceeded 22 million at face value. The orders were presented in price range from 99.7711% (YTM 2.95%) to 99.7551% (3.16).
Price cut for competitive bids in the CBA was at 99.7598% (3.10%) and the weighted average price was at 99.7621% (3.07%).
Repayment of the notes will be made on 19 December 2012. At the previous auction of the Central Bank notes were sold at a price of 3.00% per annum. - 15D -
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