Bank Of Baku

AZN 11 866 000 worth of T-bills placed

AZN 11 866 000 worth of T-bills placed
# 22 April 2009 08:08 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On April 21, 2009 placement of T-bills of Ministry of Finance with the state registration number 10102622S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 4 investors made AZN 11 866 000 at face value
The orders were submitted within the 99.62% (YTM 3.98%) and 99.72% (YTM 2.93%) price interval.
The Ministry of Finance set the cut off price in the amount of 99.62% (YTM 3.98%) and the weighted average price in the amount of 99.71% (YTM 3.03%) The volume of T-bills realized at face value was AZN 12 866 000.
The maturity date of T-bills is May 26, 2009.
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