Short-term notes of the Central Bank of Azerbaijan (CBA) series 50102738S at the total amount of AZN 5 million posted at the auction, held July 10, 2013.
The announced offer was of 30 million manat; put up for sale were notes for AZN 5 million, and the total demand for them from the two investors exceeded 6.3 mln at face value. Orders were presented in price range from 99.9071% (YTM 1.20%) to 99.9070% (1.20%).
Price cut for competitive bids in the CBA were at 99.9070% (1.20%) and was equal to the weighted average price.
Repayment of notes will be held August 7, 2013. At the previous session of the Central Bank notes were also sold at a price of 1.20% per annum. - 15D -
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