BAKU/19.12.13/TURAN : Short-term notes of the Central Bank of Azerbaijan ( CBA) series 50105038S totaling AZN 5 million were posted in the auction, which took place December 18, 2013 .
The announced offer was 30 million manat; for auction were exhibited notes for AZN 5 million, and the total demand for them by the two investors exceeded 10 mln AZN at face value . Orders were presented in price range from 99.9170 % (YTM 1.07 %) to 99.9167 % (1.07 %).
Price cut for competitive bids in the CBA was at 99.9170 % (1.07 % ) and was equal to the weighted average price.
Repayment of notes will be held on 15 January 2014. At the previous session the Central Bank notes were sold at a price of 1.07 % APR . - 15D -
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