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T-bills placing held on Baku Stock Exchange

08 April 2009 07:54 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. On April 07, 2009 placement of T-bills of Ministry of Finance with the state registration number 10102222S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 5 investors made AZN 19 171 200 at face value
The orders were submitted within the 99.71% (YTM 3.03%) and 99.76% (YTM 2.51%) price interval.
The Ministry of Finance set the cut off price in the amount of 99.71% (YTM 3.03%) and the weighted average price in the amount of 99.72% (YTM 2.93%) The volume of T-bills realized at face value was AZN 18 000 000 , including noncompetitive orders of AZN 2 665 800.
The maturity date of T-bills is May 12, 2009.