Details of T-bills auction on Baku Stock Exchange

Details of T-bills auction on Baku Stock Exchange
# 26 May 2009 15:14 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. On May 26, 2009 placement of T-bills of Ministry of Finance with the state registration number 10303722S was carried out at Baku Stock Exchange. Total volume of orders submitted by 5 investors made AZN 18 139 200 at face value The orders were submitted within the 96.95% (YTM 6.31%) and 98.64% (YTM 2.77%) price interval. The Ministry of Finance set the cut off price in the amount of 98.28 (YTM 3.51%) and the weighted average price in the amount of 98.48% (YTM 3.10%) The volume of T-bills realized at face value was AZN 8 000 000, including noncompetitive orders of AZN 1 585 000 The maturity date of T-bills is November 24, 2009. Term of circulation of T-bills is 182 days.
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THE OPERATION IS BEING PERFORMED