Bank Of Baku

Placing of short-term notes held

Placing of short-term notes held
# 09 September 2009 12:22 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On September 09, 2009 an auction on placement of short-term notes of Central Bank with the state registration number 50103521S, 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 3 investors made AZN 4 876 600 at face value.
Orders were presented in price range from 99.9221% (YTM – 1.00%) to 99.9223% (YTM – 1.00%).
Central Bank set cut off price on competitive orders in the amount of 99.9221% (YTM – 1.00%) and weighted average price in the amount of 99.9223% (YTM – 1.00%). Volume of Notes realized at face value formed AZN 4 000 000, including noncompetitive orders of AZN 600 000.
The maturity date of Notes is October 07, 2009.
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THE OPERATION IS BEING PERFORMED