Bank Of Baku

One more T-bills auction held

One more T-bills auction held
# 04 August 2009 15:17 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On August 04, 2009 placement of T-bills of Ministry of Finance with the state registration number 10105422S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 3 investors made AZN 11 916 400 at face value
The orders were submitted within the 99.87% (YTM 1.36%) and 99.88% (YTM 1.25%) price interval.
The Ministry of Finance set the cut off price in the amount of 99.88% (YTM 1.25%) and the weighted average price in the amount of 99.88% (YTM 1.25%). The volume of T-bills realized at face value was AZN 7 471 200, including noncompetitive orders of AZN 261 200.
The maturity date of T-bills is September 08, 2009.
Term of circulation of T-bills is 35 days.
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THE OPERATION IS BEING PERFORMED