  We consider asymptotics of the correlation functions of characteristic
polynomials corresponding to random weighted $G(n, \frac{p}{n})$ Erd{\H o}s --
R\'enyi graphs with Gaussian weights in the case of finite $p$ and also when $p
\to \infty$. It is shown that for finite $p$ the second correlation function
demonstrates a kind of transition: when $p < 2$ it factorizes in the limit $n
\to \infty$, while for $p > 2$ there appears an interval $(-\lambda_*(p),
\lambda_*(p))$ such that for $\lambda_0 \in (-\lambda_*(p), \lambda_*(p))$ the
second correlation function behaves like that for GUE, while for $\lambda_0$
outside the interval the second correlation function is still factorized. For
$p \to \infty$ there is also a threshold in the behavior of the second
correlation function near $\lambda_0 = \pm 2$: for $p \ll n^{2/3}$ the second
correlation function factorizes, whereas for $p \gg n^{2/3}$ it behaves like
that for GUE. For any rate of $p \to \infty$ the asymptotics of correlation
functions of any even order for $\lambda_0 \in (-2, 2)$ coincide with that for
GUE.
