Central Bank of Azerbaijan sells 53% of auctioned notes

Baku. 15 March. REPORT.AZ/ Auction on placement of notes held today at Baku Stock Exchange (BSE) of total volume at 50 million AZN with par value of 100 AZN. The turnover period of 28 days.

Report informs referring to the BSE.

According to information, 2 orders were submitted by two investors.

The total nominal amount of orders were 26 303 100 AZN, which makes only 52,6%-of the total auctioned notes of the Central Bank. Orders were submitted at price of 98,8472 AZN (14,9945%).

Cut off price of notes on competitive orders and weighted average price determined

by CBA. Calculations on concluded deals made today. Volume of Notes realized at face value determined at 26 303 100 AZN. The maturity date of the securities is April 12, 2017.