Profitability of the CBA dropped significantly
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
-
Temporary suspension of gas supplies from Azerbaijan to Serbia will be avoided, Serbian President Aleksandar Vucic announced on Sunday.
-
On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
-
The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
-
Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
Leave a review