Bank Of Baku

CB Notes (50102330S) placement results

CB Notes (50102330S) placement results
# 16 June 2011 13:31 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On June 16, 2011 an auction on placement of short-term notes of Central Bank with the state registration number of 50102330S, total volume AZN 30,000,000, volume put-up to the auction AZN 15,000,000, face value per note AZN 100, and turnover period 27 days was carried out on Baku Stock Exchange.

Total volume of orders submitted by 5 investors made AZN 13 748 800 at face value.
Orders were presented in price range from 99.8800 % (YTM 1.60%) to 99. 7009% (YTM 4.00%).

Central Bank set cut off price on competitive orders in the amount of 99.8129% (YTM 2.50%) and weighted average price in the amount of 99.8535% (YTM 1.96%)

Volume of Notes realized at face value formed AZN 11 748 800, including non-competitive orders of AZN 1 294 700.

The maturity date of Notes is July 13, 2011.
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