Bank Of Baku

CB Notes (50100834S) placement results

CB Notes (50100834S) placement results
# 23 February 2012 09:09 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On February 22, 2012 an auction on placement of short-term notes of Central Bank with the state registration number 50100834S, 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 26 days was carried out on Baku Stock Exchange.

Total volume of orders submitted by 8 investors made AZN 58,951,300 at face value.

Orders were presented in price range from 99.8840% (YTM 1.61%) to 99.7838% (YTM 3.00%).

Central Bank set cut off price on competitive orders in the amount of 99.8709% (YTM 1.79%) and weighted average price in the amount of 99.8747% (YTM 1.74%)

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

The maturity date of Notes is March 19, 2012.
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