Bank Of Baku

Placing of T-bills held on June 23

Placing of T-bills held on June 23
# 23 June 2009 15:19 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On June 23, 2009 placement of T-bills of Ministry of Finance with the state registration number 10304522S was carried out at Baku Stock Exchange.
The volume of submitted bid by 1 participator was 2 027 200 AZN at face value.
The orders were submitted within the 98.41% (YTM 3.24%) and 98.40% (YTM 3.26%) price interval.
The Ministry of Finance set the cut off price in the amount of 98.40% (YTM 3.26%) and the weighted average price in the amount of 98.41% (YTM 3.24%). The volume of T-bills realized at face value was AZN 2 027 200.
The maturity date of T-bills is December 22, 2009.
Term of circulation of T-bills is 182 days.
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THE OPERATION IS BEING PERFORMED