Bank Of Baku

CB Notes (50100734S) placement results

CB Notes (50100734S) placement results
# 15 February 2012 15:18 (UTC +04:00)
Baku. Nijat Mustafayev- APA-Economics. On February 15, 2012 an auction on placement of short-term notes of Central Bank with the state registration number 50100734S, total volume AZN 35,000,000, volume put-up to the auction AZN 20,000,000, face value per note AZN 100, and turnover period 28 days was carried out on Baku Stock Exchange.

Total volume of orders submitted by 7 investors made AZN 53,065,000 at face value.

Orders were presented in price range from 99.8600% (YTM 1.80%) to 99.7710% (YTM 2.95%).

Central Bank set cut off price on competitive orders in the amount of 99.8486% (YTM 1.95%) and weighted average price in the amount of 99.8526% (YTM 1.90%)

Volume of Notes realized at face value formed AZN 20,000,000 including non-competitive orders of AZN 4,003,900.

The maturity date of Notes is March 14, 2012.
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