BAKU, Azerbaijan, Jan. 15
By Fakhri Vakilov - Trend:
On January 14, Uzbekistan’s Central Bank held an auction on Uzbekistan Republican Currency Exchange, to place bonds of the Central Bank with a circulation period of 6 months, with a nominal value of $105 in the amount of 250,000 units, with a total issue volume of $26.1 million, Trend reports citing Central Bank.
The auction was attended by 13 commercial banks, which filed competitive bids for the purchase of a total of 603,000 bonds for a total of $64.1 million.
During the auction, 250,000 bonds were placed (100 percent of the total issue) in the amount of $26.8 million.
The total repayment of bonds placed at the auction will be $26.1 million.
As a result of the auction, the average weighted yield of securities amounted to 10.01 percent per annum, with a minimum yield of 7.56 percent and a maximum yield or cut-off price of 12.02 percent.
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