Central Bank’s notes placement on Baku Stock Exchange

Baku. Vahab Rzayev – APA-Economics. On August 11, 2010 an auction on placement of short-term notes of Central Bank with the state registration number 50103125S, total volume AZN 6 000 000, volume put-up to the auction AZN 5 000 000, 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 15 909 300 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 – 1.00%) and weighted average price in the amount of 99.9226% (YTM – 1.00%). Volume of Notes realized at face value formed AZN 5 000 000, including noncompetitive orders of AZN 1 000 200. The maturity date of Notes is September 08, 2010.
Total volume of orders submitted by 2 investors made AZN 15 909 300 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 – 1.00%) and weighted average price in the amount of 99.9226% (YTM – 1.00%). Volume of Notes realized at face value formed AZN 5 000 000, including noncompetitive orders of AZN 1 000 200. The maturity date of Notes is September 08, 2010.