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T-bills placing held on Baku Stock Exchange

24 April 2009 15:23 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. On April 24, 2009 placement of T-bills of Ministry of Finance with the state registration number 10202822S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 5 investors made AZN 3 404 200 at face value
The orders were submitted within the 98.52% (YTM 6.03%) and 98.77% (YTM 4.99%) price interval.
The Ministry of Finance set the cut off price in the amount of 99.52% (YTM 6.03%) and the weighted average price in the amount of 98.54% (YTM 5.94%) The volume of T-bills realized at face value was AZN 3 404 200.
The maturity date of T-bills is July 24, 2009.