Bank Of Baku

Details of T-bills placing on Baku Stock Exchange

Details of T-bills placing on Baku Stock Exchange
# 12 May 2009 15:22 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. On May 12, 2009 placement of T-bills of Ministry of Finance with the state registration number 10303322S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 3 investors made AZN 11 669 800 at face value
The bid was submitted with the 96.86% (YTM 6.50%) price.
The Ministry of Finance set the cut off price in the amount of 96.86% (YTM 6.50%) and the weighted average price in the amount of 96.86% (YTM 6.50%) The volume of T-bills realized at face value was AZN 7 000 000.
The maturity date of T-bills is November 10, 2009.
Term of circulation of T-bills is 182 days.
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THE OPERATION IS BEING PERFORMED