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T-bills auction held

01 December 2009 14:37 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-ECONOMICS. On December 01, 2009 placement of T-bills of Ministry of Finance with the state registration number 10108622S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 5 investors made AZN 5 075 400 at face value
Orders were presented in price range from 99.88% (YTM â€“ 1.25%) to 99.88% (YTM â€“ 1.25%).
The Ministry of Finance set the cut off price in the amount of 99.88% (YTM â€“ 1.25%) and the weighted average price in the amount of 99.88% (YTM â€“ 1.25%).
The volume of T-bills realized at face value was AZN 5 075 400.
The maturity date of T-bills is January 05, 2010.
Term of circulation of T-bills is 35 days.