Placement of short-term notes held

Placement of short-term notes held
# 20 May 2009 13:11 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. On May 20, 2009 an auction on placement of short-term notes of Central Bank with the state registration number 50101921S, 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 5 investors made AZN 14 947 400 at face value.
Orders were presented in price range from 99.77% (YTM – 2.96%) to 99.89% (YTM – 1.42%).

Central Bank set cut off price on competitive orders in the amount of 99.87% (YTM – 1.67%) and weighted average price in the amount of 99.89% (YTM – 1.42%). Volume of Notes realized at face value formed AZN 4 000 000, including noncompetitive orders of AZN 788 200.
The maturity date of Notes is June 17, 2009.
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THE OPERATION IS BEING PERFORMED