T-bills auction held

T-bills auction held
# 25 August 2009 16:30 (UTC +04:00)
Baku-APA. On August 25, 2009 placement of T-bills of Ministry of Finance with the state registration number 10306122S was carried out at Baku Stock Exchange.
The volume of submitted bid by 1 participator was 4 034 800 AZN at face value.
The bid was submitted with the 98.89% (YTM 2.25%) price.
The Ministry of Finance set the cut off price in the amount of 98.89% (YTM 2.25%) and the weighted average price in the amount of 98.89% (YTM 2.25%). The volume of T-bills realized at face value was AZN 4 034 800.
The maturity date of T-bills is February 23, 2010.
Term of circulation of T-bills is 182 days.
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THE OPERATION IS BEING PERFORMED