Bank Of Baku

Placing of short-term notes held

Placing of short-term notes held
# 10 June 2009 12:59 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On June 10, 2009 an auction on placement of short-term notes of Central Bank with the state registration number 50102221S, 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 2 investors made AZN 6 602 200 at face value.
The bid was submitted with the 99.91% (YTM 1.16%) price.
Central Bank set cut off price on competitive orders in the amount of 99.91% (YTM – 1.16%) and weighted average price in the amount of 99.91% (YTM – 1.16%). Volume of Notes realized at face value formed AZN 4 000 000, including noncompetitive orders of AZN 799 400.
The maturity date of Notes is July 08, 2009.
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THE OPERATION IS BEING PERFORMED