CB Notes (50103430S) placement results

Baku. Nijat Mustafayev – APA-Economics. Today, an auction on placement of short-term notes of Central Bank with the state registration number of 50103430S, total volume AZN 15,000,000, volume put-up to the auction AZN 10,000,000, face value per note AZN 100, and turnover period 27 days was carried out on Baku Stock Exchange.
Total volume of orders submitted by 3 investors made AZN 6,916,600 at face value.
Orders were presented in price range from 99.8500 % (YTM 2.00%) to 99.7825% (YTM 2.91%).
Central Bank set cut off price on competitive orders in the amount of 99.8278% (YTM 2.30%) and weighted average price in the amount of 99.8347% (YTM 2.21%).
Volume of Notes realized at face value formed AZN 2,906.7 mln.
The maturity date of Notes is September 28, 2011.
Total volume of orders submitted by 3 investors made AZN 6,916,600 at face value.
Orders were presented in price range from 99.8500 % (YTM 2.00%) to 99.7825% (YTM 2.91%).
Central Bank set cut off price on competitive orders in the amount of 99.8278% (YTM 2.30%) and weighted average price in the amount of 99.8347% (YTM 2.21%).
Volume of Notes realized at face value formed AZN 2,906.7 mln.
The maturity date of Notes is September 28, 2011.