Bank Of Baku

CB Notes (50102930S) placement results

CB Notes (50102930S) placement results
# 27 July 2011 15:14 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On July 27, 2011 an auction on placement of short-term notes of Central Bank with the state registration number of 50102930S, total volume AZN 15,000,000, 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 4 investors made AZN 21,163,000 at face value.
Orders were presented in price range from 99.8137 % (YTM 2.40%) to 99. 7053% (YTM 3.80%).

Central Bank set cut off price on competitive orders in the amount of 99.7672% (YTM 3.00%) and weighted average price in the amount of 99.7812% (YTM 2.82%)

Volume of Notes realized at face value formed AZN 5,000,000

The maturity date of Notes is August 24, 2011.
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