Short-term notes of the Central Bank of Azerbaijan (CBA) series 50104434S at the total amount of AZN 10 million posted in the auction, which took place October 31, 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 three investors exceeded 13.5 bn at face value. Orders were presented in price range from 99.8005% (YTM 2.57%) to 99.7868% (2.75).
Price cut for competitive bids in the CBA was at 99.7868% (2.75%) and the weighted average price was at 99.7898% (2.71%).
Repayment of the notes will be on 28 November 2012. - 15D -
Economics
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