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Azerbaijan Central Bank places 4 million notes on BSE

04 August 2010 15:54 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. On August 4, 2010 an auction on placement of short-term notes of Central Bank with the state registration number 50103025S, 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 2 investors made AZN 13 300 200 at face value.
The orders were 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 4 000 000, including noncompetitive orders of AZN 800 200. The maturity date of Notes is September 01, 2010.