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T-bills auction held

23 November 2009 13:17 (UTC +04:00)

Baku. Nijat Mustafayev - APA-Economics. On November 20, 2009 placement of T-bills of Ministry of Finance with the state registration number 10208422S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 4 investors made AZN 7 285 600 at face value
Orders were presented in price range from 99.56% (YTM â€“ 1.77%) to 99.59% (YTM â€“ 1.65%).
The Ministry of Finance set the cut off price in the amount of 99.57% (YTM â€“ 1.73%) and the weighted average price in the amount of 99.57% (YTM â€“ 1.73%).
The volume of T-bills realized at face value was AZN 7 235 200.
The maturity date of T-bills is February 19, 2010.
Term of circulation of T-bills is 91 days.