Short-term notes worth of AZN 4 million realized

Short-term notes worth of AZN 4 million realized
# 13 May 2009 13:34 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On May 13, 2009 an auction on placement of short-term notes of Central Bank with the state registration number 50101821S, total volume AZN 5 000 000, volume put-up to the auction AZN 4 000 000, face value per note AZN 200, and turnover period 28 days was carried out on Baku Stock Exchange.
Total volume of orders submitted by 4 investors made AZN 9 833 200 at face value.
Orders were presented in price range from 99.84% (YTM – 2.06%) to 99.86% (YTM – 1.80%).
Central Bank set cut off price on competitive orders in the amount of 99.85% (YTM – 1.93%) and weighted average price in the amount of 99.85% (YTM – 1.93%). Volume of Notes realized at face value formed AZN 4 000 000, including noncompetitive orders of AZN 798 600.
The maturity date of Notes is June 10, 2009.
#
#

THE OPERATION IS BEING PERFORMED