Baku, Fineko/abc.az. Yesterday the Central Bank of Azerbaijan (CBA) placed this year’s 46th issue of short-term notes with state registration number 50104621S.

The Baku Stock Exchange (BSE) reports that on 25 November the volume of the orders submitted by two investors made up AZN 2.5 million at face value or 62.52% of the announced issue (AZN 4 million) and 83.36% of really set notes issue for trading (AZN 3 million). The orders were presented at price 99.9226% (claim for annual profitability of 1%).

Under CBA’s decision, the orders were satisfied at cut-off price 99.9226% (1%) and weighted average price conformed to it. The issue was placed for AZN 2.5 million. Its circulation period is 28 days and maturity date is 23 December.

As compared to the previous auction, profitability at cut off price did not change – 1% as well as on weighted average price.

In 2009, decrease of profitability at cut off price made up 4.72% and on weighted average price - 3.74% versus declines of 4.26% and 6.28% respectively in 2008. Thus, in 2005-2009, overall decrease of profitability at cut off price totaled 2.79% and at weighted average price - 4.08%.

In 2009, CBA registered the issue of notes for AZN 5 bn.

For the time being, the bank announced placement of 46 note issues in the amount of AZN 556 million (11.12% of the planned issue), set out for sales the notes for AZN 344 million at face value (6.88% of plan for 2009) and raised AZN 278.2 million at face value.

In 2009, CBA refused to place five announced issues of notes in the total amount of AZN 21 million.

In 2008, the CBA planned issue of its notes for AZN 5 bn through sale of 52 issues in the amount of AZN 2.49 bn (49.81% of the planned issue). Of them the CB set out for sales 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.

25.11.2009 16:43