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Yield of Azerbaijan Central Bank’s notes declined to 1.45% per annum

Baku, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) placed the 32nd issue of short-term notes for 2012 with series 50103234S at the Baku Stock Exchange (BSE) by 11.4% of the announced volume. At that, yield of notes decreased from 28% to 27.62% of CBA accounting rate that has made up 5.25% per annum since 6 May 2011. At that, a rupture between the note yield rates also kept at the level of 0.02 interest points.

The BSE informs that on 8 August the two investors submitted the orders for AZN 4.001 million on par value or 11.4% of announced volume (AZN 35 million) and 40.01% of really set out issue of notes for the auction volume of the issue (AZN 10 million).

The orders were submitted on the price of 99.8873% (claim for annual profitability of 1.45%) and 99.8911% (1.4%).

Under CBA’s decision, cut-off price made up 99.8873% (1.45%) and weighted average price 99.8892% (1.43%). As a result, the issue was placed for AZN 4.001 million or by 11.4% of the announced volume. Maturity date of the issue with 28-day circulation term is 5 September 2012.

Compared to the previous successful auction, yield on cut-off price reduced by 0.02% from 1.47% to 1.45%, as well as on weighted average price – from 1.45% to 1.43%.

In 2012, the decline of yield on cut-off price is still 1.61% and on weighted average price - 1.36%. In 2005-12 overall decline in yield on cut-off price is still 2.26% and on weighted average price 3.73%.

The CBA registered an issue of notes of AZN 2.5 bn for 2012. It has been announced of placement of 32 issues of notes for AZN 1.155 bn, set notes for AZN 710 million for auctions and raised AZN 704.001 million on par value or 28.16% of the issue announced for 2012.

In 2011, the CBA registered an issue of notes of AZN 2 bn, but announced of placement of 51 issues of notes for AZN 1.242 bn, really set notes for AZN 787 million for auctions and raised AZN 643.46 million on par value or 32.17% of the issue announced for 2011.

In 2010, the CBA registered the issue of notes for AZN 300 million at face value, but announced about placement of 51 issues for AZN 311 million, really put up for sale the notes for AZN 265 million and raised AZN 242.79 million or 78.07% of the announced volume.

In 2009, the CBA registered issue of notes in the amount of AZN 5 bn, announced on placement of 51 issues for AZN 579 million (11.58% of planned issue), put really up for sale notes for AZN 363 million at face value (7.26 % of the year target) and raised AZN 286.2 million at face value.

In 2008, the CBA planned issue of its notes for AZN 5 bn through sale of 52 issues for AZN 2.49 bn (49.81% of the planned issue). Of them CBA put up for sale the notes for AZN 1.845 bn at face value (36.91% of the 2008 target) and raised AZN 1.616 bn at face value.

In 2007, the CBA planned issue of its notes for AZN 3 bn and raised AZN 1.845 bn through sale of 61 issues.

 

 


09.08.2012 09:12
   


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