Bank Of Baku

Details of T-bills auction on Baku Stock Exchange

Details of T-bills auction on Baku Stock Exchange
# 18 November 2009 07:56 (UTC +04:00)
Baku Nijt Mustafayev – APA-Economics. On November 17, 2009 placement of T-bills of Ministry of Finance with the state registration number 10108222S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 3 investors made AZN 5 003 800 at face value
Orders were presented in price range from 99.88% (YTM – 1.25%) to 99.88% (YTM – 1.25%).
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 5 003 800.
The maturity date of T-bills is December 22, 2009.
Term of circulation of T-bills is 35 days.
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THE OPERATION IS BEING PERFORMED