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T-bills auction held

03 November 2009 15:47 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. On November 03, 2009 placement of T-bills of Ministry of Finance with the state registration number 10107822S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 2 investors made AZN 3 002 000 at face value
The orders were 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 3 002 000, including noncompetitive orders of AZN 160 600
The maturity date of T-bills is December 08, 2009.
Term of circulation of T-bills is 35 days.