Short-term notes of the Central Bank of Azerbaijan (CBA) series 50104834S totaling AZN 8 million were posted in the auction held on 5 December 2012.
The announced offer of 30 million manat were put up for sale notes for AZN 8 million, and the total demand for them from four investors exceeded 21.11 bn at face value. Orders were presented in price range from 99.7980% (YTM 2.51%) to 99.7286% (3.38).
Price cut for competitive bids in the CBA at 99.7800% (2.74%) and the weighted average price of 99.7941% (2.56%).
Repayment of notes held on 3 January 2013. At the previous auction of the Central Bank notes were sold at a price of 3.42% per annum. - 15D -
Economics
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