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T-bills auction held

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

Baku. Nijat Mustafayev â€“ APA-Economics. On November 24, 2009 placement of T-bills of Ministry of Finance with the state registration number 10308522S was carried out at Baku Stock Exchange.
The volume of submitted bid by 1 participator was 2 197 800 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 2 197 800, including noncompetitive orders of AZN 357 800
The maturity date of T-bills is May 25, 2010.
Term of circulation of T-bills is 182 days.