T-bills placement held

T-bills placement held
# 18 August 2009 16:41 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On August 18, 2009 placement of T-bills of Ministry of Finance with the state registration number 10105822S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 4 investors made AZN 12 004 600 at face value
The bid was submitted with the 99.88% (YTM 1.25%) price.
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 12 004 600.
The maturity date of T-bills is September 22, 2009.
Term of circulation of T-bills is 35 days.
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THE OPERATION IS BEING PERFORMED