Bank Of Baku

Another T-bills auction held

Another T-bills auction held
# 05 May 2009 15:36 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On May 05, 2009 placement of T-bills of Ministry of Finance with the state registration number 10503122S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 2 investors made AZN 2 369 000 at face value
The bid was submitted with the 92.19% (YTM 8.49%) price.
The Ministry of Finance set the cut off price in the amount of 92.19% (YTM 8.49%) and the weighted average price in the amount of 92.19% (YTM 8.49%) The volume of T-bills realized at face value was AZN 2 369 000.
The maturity date of T-bills is May 04, 2010.
Term of circulation of T-bills is 364 days.
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THE OPERATION IS BEING PERFORMED