Bank Of Baku

BSE carries out additional placement of AZN 4.406.200-T-bills

BSE carries out additional placement of AZN 4.406.200-T-bills
# 28 July 2008 10:46 (UTC +04:00)
On July 25, 2008 additional placement of T-bills of Ministry of Finance with the state registration number 10304220S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 3 investors made AZN 4.406.200 at face value
The orders were submitted within the 94.86% (YTM 11.50%) and 94.87% (YTM 11.48%) price interval.
The Ministry of Finance set the cut off price in the amount of 94.86% (YTM 11.50%) and the weighted average price in the amount of 94.86% (YTM 11.50%) The volume of T-bills realized at face value was AZN 4 406 200.
The maturity date of T-bills is January 13, 2009.
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THE OPERATION IS BEING PERFORMED