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T-bills placement held

08 May 2009 15:23 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. On May 08, 2009 placement of T-bills of Ministry of Finance with the state registration number 10203222S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 3 investors made AZN 11 561 400 at face value
The orders were submitted within the 98.40% (YTM 6.52%) and 98.52% (YTM 6.03%) price interval.
The Ministry of Finance set the cut off price in the amount of 98.40% (YTM 6.52%) and the weighted average price in the amount of 98.49% (YTM 6.19%) The volume of T-bills realized at face value was AZN 11 561 400.
The maturity date of T-bills is August 07, 2009.
Term of circulation of T-bills is 91 days.