Bank Of Baku

CB Notes (50101534S) placement results

CB Notes (50101534S) placement results
# 11 April 2012 15:09 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On April 11, 2012 an auction on placement of short-term notes of Central Bank with the state registration number 50101534S, 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 29 days was carried out on Baku Stock Exchange.

Total volume of orders submitted by 6 investors made AZN 61,255,800 at face value.
Orders were presented in price range from 99.9220% (YTM 0.97%) to 99.8790% (YTM 1.50%).

Central Bank set cut off price on competitive orders in the amount of 99.8993% (YTM 1.25%) and weighted average price in the amount of 99.9100% (YTM 1.12%)

Volume of Notes realized at face value formed AZN 20,000,000 including non-competitive orders of AZN 380,600.

The maturity date of Notes is May 10, 2012.
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