State medium-term bonds (GEO) series AZ0105014358 $ 1 million manat were placed on the auction held on December 14 at the Baku Stock Exchange. Volume of accepted non-competitive bids amounted to 195 thousand manats.
Total volume of orders submitted by two investors made AZN 2.02 million at face value. Orders were given at 100% and 100.16% (yield 4.5%).
Repayment of GEO is on 12 December 2014.
The same day, the Ministry of Finance posted on the Exchange public callable bonds (CGB) series AZ0204013376 amounting to 19.81 million manat.
The volume of applications, four bidders was exactly 19.81 bn at face value. The applications were submitted at the price of 100.00%, 100.01% (YTM 4.00%).
Repayment of these callable bonds is on 13 December 2013. - 15D -
Economics
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