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Short-term notes auction held

25 November 2009 14:06 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. On November 25, 2009 an auction on placement of short-term notes of Central Bank with the state registration number 50104621S, total volume AZN 4 000 000, volume put-up to the auction AZN 3 000 000, 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 2 500 800 at face value.
The bid was submitted with the 99.9226% (YTM 1.00%) price..
Central Bank set cut off price on competitive orders in the amount of 99.9226% (YTM â€“ 1.00%) and weighted average price in the amount of 99.9226% (YTM â€“ 1.00%).
Volume of Notes realized at face value formed AZN 2 500 800.
The maturity date of Notes is December 23, 2009.