OREANDA-NEWS. October 20, 2010. The Central Bank of Azerbaijan (CBA) has given up to place today this year’s 41st issue of short-term notes with state registration number 50104125S at the Baku Stock Exchange (BSE).

The BSE informs that in compliance with the CBA’s decision the notes auction was announced invalid. On 20 October  two investors submitted the orders for AZN 3.8 million at par value or for 54.58% of the announced issue (AZN 7 million) and 63.67% of the really set volume of notes for auction (AZN 6 million).

The orders were submitted at the price of 99.9226% (claims for annual profitability of 1%) and 99.7593% (3%).

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

In 2009, decline of profitability at on cut-off price made 4.72% and at weighted average price 3.74%. In 2005-10 overall decline of profitability on cut-off price still makes 2.79% and at weighted average price - 4.08%.

In 2010, the CBA registered the issue of notes for AZN 300 million at face value. So far, the Bank has announced about placement of 41 issues in the amount of AZN 225 million, really put up for sale the notes for AZN 191 million and raised AZN 169.57 million or 75.365% 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, 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, CBA planned issue of its notes for AZN 3 bn and raised AZN 1.845 bn through sale of 61 issues.