Baku, Finance Time. On September 5, 2012 an auction on placement of short-term notes of Central Bank (CB) with the state registration number 50101634S, total volume AZN 35 000 000, volume put-up to the auction AZN 10 000 000, face value per note AZN 100, and turnover period 28 days was carried out on Baku Stock Exchange.
The volume of submitted bid by 1 participator was 1 001 900.00 AZN at face value.
The bid was submitted with 99.8749% (YTM 1.61%) price.
As the number of the investors participating in the auction was less than 2 the competitive price was not formulated and Central Bank canceled the results of the auction.