Short-term notes auction held

Baku. Nijat Mustafayev – APA-Economics. On January 13, 2010 an auction on placement of short-term notes of Central Bank with the state registration number 50100225S, total volume AZN 5 000 000, volume put-up to the auction AZN 4 000 000, face value per note AZN 100, and turnover period 28 days was carried out on Baku Stock Exchange.
Total volume of orders submitted by 3 investors made AZN 6 962 500 at face value.
Orders were presented in price range from 99.9226% (YTM – 1.00%) to 99.9222% (YTM – 1.00%).
Central Bank set cut off price on competitive orders in the amount of 99.9226% (YTM – 1.00%) and weighted average price in the amount of 99.9226% (YTM – 1.00%).
Volume of Notes realized at face value formed AZN 4 000 000.
The maturity date of Notes is February 10, 2010.
Total volume of orders submitted by 3 investors made AZN 6 962 500 at face value.
Orders were presented in price range from 99.9226% (YTM – 1.00%) to 99.9222% (YTM – 1.00%).
Central Bank set cut off price on competitive orders in the amount of 99.9226% (YTM – 1.00%) and weighted average price in the amount of 99.9226% (YTM – 1.00%).
Volume of Notes realized at face value formed AZN 4 000 000.
The maturity date of Notes is February 10, 2010.