Bank Of Baku

T-bills auction falls through

T-bills auction falls through
# 03 June 2009 07:10 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On June 02, 2009 placement of T-bills of Ministry of Finance with the state registration number 10503922S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 2 investors made AZN 3 048 600 at face value
The bid was submitted with the 96.16% (YTM 4.00%) price.
The Ministry of Finance declared the auction ineffective.
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