Bank Of Baku

T-bills auction held on Baku Stock Exchange

T-bills auction held on Baku Stock Exchange
# 04 August 2009 15:19 (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 10505522S was carried out at Baku Stock Exchange.
The volume of submitted bid by 1 participator was 3 000 000 AZN at face value.
The bid was submitted with the 97.10% (YTM 2.99%) price.
The Ministry of Finance set the cut off price in the amount of 97.10% (YTM 2.99%) and the weighted average price in the amount of 97.10% (YTM 2.99%). The volume of T-bills realized at face value was AZN 3 000 000.
The maturity date of T-bills is August 03, 2010.
Term of circulation of T-bills is 364 days.
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THE OPERATION IS BEING PERFORMED