Central Bank of Azerbaijan sells 18,7% of auctioned notes

Baku. 9 March. REPORT.AZ/ Auction on placement of notes held today at Baku Stock Exchange (BSE) with total volume of 50 million AZN with par value of 100 AZN, with turnover period of 27 days.

Report informs referring to the BSE.

According to information, 3 orders were submitted by 3 investors. The total amount of orders at face value was 9 371 300 AZN.

The total nominal amount of orders were 9 371 300 AZN. Orders were submitted in price range of 98,8879 AZN (14,9947%) and 98,9200 AZN (14,5572%).

Cut off price of notes on competitive orders determined at 98,8879 AZN (14,9947%), by CBA, weighted average price at 98,9025 AZN (14,7957%).

Calculations on concluded deals made today. Volume of Notes realized at face value determined at 9 371 300 AZN. The maturity date of the securities is April 5, 2017.