Bank Of Baku

CB Notes (50101934S) placement results

CB Notes (50101934S) placement results
# 11 May 2012 09:00 (UTC +04:00)
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 50101934S, 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 27 days was carried out on Baku Stock Exchange.

Total volume of orders submitted by 5 investors made AZN 36,036,200 at face value.

Orders were presented in price range from 99.9138% (YTM 1.15%) to 99.8877% (YTM 1.50%).

Central Bank set cut off price on competitive orders in the amount of 99.8891% (YTM 1.48%) and weighted average price in the amount of 99.8955% (YTM 1.39%)

Volume of Notes realized at face value formed AZN 20,000,000 including non-competitive orders of AZN 302,500.

The maturity date of Notes is June 6, 2012.
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