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T-Bills (10308426S) placement results

24 November 2010 09:00 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. On November 23, 2010 placement of T-bills of Ministry of Finance with the state registration number 10308426S was carried out at Baku Stock Exchange.

Total volume of orders submitted by 8 investors made AZN 22 416 700 at face value

The orders were submitted in price range from 99.61% (2.83%) to 98.53% (2.99%)

The Ministry of Finance set the cut off price in the amount 98.57% (YTM 2.91%) and the weighted average price in the amount of 98.60% (YTM 2.85%).

The volume of T-bills realized at face value was AZN 8 000 000, including noncompetitive orders of AZN 1 621 100

The maturity date of T-bills is May 24, 2011.

Term of circulation of T-bills is 182 days.