CB Notes (50100934S) placement results

Baku. Nijat Mustafayev – APA-Economics. On February 29, 2012 an auction on placement of short-term notes of Central Bank with the state registration number 50100934S, total volume AZN 30,000,000, 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 5 investors made AZN 40,348,900 at face value.
Orders were presented in price range from 99.8800% (YTM 1.54%) to 99.8660% (YTM 1.73%).
Central Bank set cut off price on competitive orders in the amount of 99.8680% (YTM 1.70%) and weighted average price in the amount of 99.8710% (YTM 1.66%)
Volume of Notes realized at face value formed AZN 20,000,000 including non-competitive orders of AZN 4,003,100.
The maturity date of Notes is March 28, 2012.
Total volume of orders submitted by 5 investors made AZN 40,348,900 at face value.
Orders were presented in price range from 99.8800% (YTM 1.54%) to 99.8660% (YTM 1.73%).
Central Bank set cut off price on competitive orders in the amount of 99.8680% (YTM 1.70%) and weighted average price in the amount of 99.8710% (YTM 1.66%)
Volume of Notes realized at face value formed AZN 20,000,000 including non-competitive orders of AZN 4,003,100.
The maturity date of Notes is March 28, 2012.