Short-term notes of the Central Bank of Azerbaijan (CBA) series 50104534S at the total amount of AZN 10 million were posted in the auction, which was held November 7, 2012.
The announced offer was 35 million manat. Put up for sale were notes for AZN 10 million, and the total demand for them from four investors exceeded 11 mln at face value. Orders were presented in price range from 99.8000% (YTM 2.58%) to 99.7551% (3.16).
The price cut for competitive bids in the CBA was at 99.7551% (3.16%) and the weighted average price was 99.7878% (2.73%).
Repayment of the notes will be on 5 December 2012. - 15D -
Economics
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