Central Bank of Azerbaijan sells only 4% of auctioned notes

Baku. 7 December. REPORT.AZ/ Auction on placement of notes held today at Baku Stock Exchange (BSE) with the state registration number 50100652S and total volume of 75 million AZN with par value of 100 AZN, with turnover period of 29 days. 

Report informs referring to the BSE.

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

The total nominal amount of orders were 3,237 mln AZN, which makes only 4.32% of the total auctioned notes of the Central Bank. Orders were submitted in price range of 98.84 AZN (14,569%) - 98.88 AZN (14,0609%).

Cut off price of notes on competitive orders determined at 98,84 AZN (14,569%) by CBA, weighted average price at 98,865 AZN (14,2514%).

Calculations on concluded deals made today. Volume of Notes realized at face value determined at 3,237 mln AZN. 

The maturity date of the securities is January 5, 2017.