Short-term notes of the Central Bank of Azerbaijan (CBA) series 50101738S at the total amount of AZN 5 million posted in the auction, which took place May 1, 2013.
The announced offer of 30 million manat were put up for sale notes for AZN 5 million, and the total demand for them from the two investors exceeded 8.01 bn at face value. Orders were presented in price range from 99.9067% (YTM 1.20%) to 99.9000% (1.29%).
Price cut for competitive bids in the CBA at 99.9067% (1.20%) and the weighted average was 99.9067% (1.20%).
Repayment of notes held May 29, 2013. At the previous session of the Central Bank notes were sold at a price of 1.24% per annum. - 15D-
Economics
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