BAKU, Azerbaijan, Jan. 11
By Fakhri Vakilov - Trend:
An auction was held at the Uzbekistan Republican Currency Exchange to place bonds of the Central Bank with a circulation period of 6 months and a nominal value of $105, Trend reports citing the press service of Uzbekistan’s Central Bank.
The total number of securities is 250,000 units; the volume of issue is $26.3 million.
The auction was attended by 17 commercial banks, which filed competitive bids for the purchase of 1,039,900 bonds in the amount of $1.1 billion.
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 reach $26.3 million.
As a result of the auction, the annual percentage yield of securities amounted to: weighted average yield - 11.7 percent; minimum yield - 11.7 percent; maximum yield or at cut-off price - 11.7 percent.
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