Bank Of Baku

T-bills auction held

T-bills auction held
# 28 April 2009 15:06 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On April 28, 2009 placement of T-bills of Ministry of Finance with the state registration number 10302922S was carried out at Baku Stock Exchange.
The volume of submitted bid by 1 participator was 5 161 000 AZN 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 5 161 000.
The maturity date of T-bills is October 27, 2009.
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THE OPERATION IS BEING PERFORMED