Short-term notes of the Central Bank of Azerbaijan (CBA) series 50104034S at the total amount of AZN 5 million were placed in an auction held on 3 October 2012.
The announced offer was 35 million manat, put up for sale were notes for AZN 5 million, and the total demand for them by the two investors was over 7 mln at face value. Orders were presented in price range from 99.7827% (YTM 2.80%) to 99.7520% (3.20%).
Price cut for competitive bids in the CBA was at 99.7827% (2.80%) and was equal to the weighted average.
Repayment of the notes will be on 31 October 2012. - 15D -
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