Bank Of Baku

T-bills placing takes place

T-bills placing takes place
# 14 April 2009 15:04 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On April 14, 2009 placement of T-bills of Ministry of Finance with the state registration number 10302522S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 2 investors made AZN 2 532 400 at face value
The bid was submitted with the 96.63% (YTM 6.99%) price.
The Ministry of Finance set the cut off price in the amount of 96.63% (YTM 6.99%) and the weighted average price in the amount of 96.63% (YTM 6.99%) The volume of T-bills realized at face value was AZN 2 532 400.
The maturity date of T-bills is October 13, 2009.
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THE OPERATION IS BEING PERFORMED