Bank Of Baku

CB Notes (50101230S) placement results

CB Notes (50101230S) placement results
# 30 March 2011 14:17 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On March 30, 2011 an auction on placement of short-term notes of Central Bank with the state registration number 50101230S, total volume AZN 50 000 000, volume put-up to the auction AZN 35 000 000, face value per note AZN 100, and turnover period 28 days was carried out on Baku Stock Exchange.

Total volume of orders submitted by 5 investors made AZN 61 913 700 at face value.

Orders were presented in price range from 99.9926 %( YTM 1.00%) to 99.8985%(YTM 1.31%).

Central Bank set cut off price on competitive orders in the amount of 99.8985% (YTM 1.31%) and weighted average price in the amount of 99.9062% (YTM 1.21%)

Volume of Notes realized at face value formed AZN 35 000 000, including non-competitive orders of AZN 800 300

The maturity date of Notes is April 27, 2011.
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