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T-bills auction held on Baku Stock Exchange

04 December 2009 15:40 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. On December 04, 2009 placement of T-bills of Ministry of Finance with the state registration number 10208822S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 5 investors made AZN 14 029 400 at face value
The bid was submitted with the 99.57% (YTM 1.73%) price..
The Ministry of Finance set the cut off price in the amount of 99.57% (YTM 1.73%) and the weighted average price in the amount of 99.57% (YTM 1.73%).
The volume of T-bills realized at face value was AZN 14 029 400.
The maturity date of T-bills is March 05, 2010.
Term of circulation of T-bills is 91 days.