Bank Of Baku

T-bills auction held

T-bills auction held
# 28 October 2009 08:19 (UTC +04:00)
Baku– APA-Economics. On October 27, 2009 placement of T-bills of Ministry of Finance with the state registration number 10307722S was carried out at Baku Stock Exchange.
The volume of submitted bid by 1 participator was 303 000 AZN at face value.
The bid was submitted with the 98.91% (YTM 2.21%) price.
The Ministry of Finance set the cut off price in the amount of 98.91% (YTM 2.21%) and the weighted average price in the amount of 98.91% (YTM 2.21%). The volume of T-bills realized at face value was AZN 303 000.
The maturity date of T-bills is April 27, 2010.
Term of circulation of T-bills is 182 days.
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THE OPERATION IS BEING PERFORMED