Bank Of Baku

CB Notes (50100234S) placement results

CB Notes (50100234S) placement results
# 11 January 2012 15:11 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On January 11, 2012 an auction on placement of short-term notes of Central Bank with the state registration number 50100234S, total volume AZN 40,000,000, volume put-up to the auction AZN 30,000,000, face value per note AZN 100, and turnover period 28 days was carried out on Baku Stock Exchange.

Total volume of orders submitted by 8 investors made AZN 70,438,400 at face value.

Orders were presented in price range from 99.7980% (YTM 2.60%) to 99.7750% (YTM 2.90%).

Central Bank set cut off price on competitive orders in the amount of 99.7826% (YTM 2.80%) and weighted average price in the amount of 99.7861% (YTM 2.76%)

Volume of Notes realized at face value formed AZN 30,000,000 including non-competitive orders of AZN 3,337,300.

The maturity date of Notes is February 08, 2012.
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