Bank Of Baku

Additional placement of T-bills of Ministry for Finance carried out at Baku Stock Exchange

Additional placement of T-bills of Ministry for Finance carried out at Baku Stock Exchange
# 31 July 2008 02:13 (UTC +04:00)
Baku. Nijat Mustafayev –APA-Economics. On July 30, 2008 additional placement of T-bills of Ministry of Finance with the state registration number 10503120S was carried out at Baku Stock Exchange.
The volume of submitted bid by 1 participator was 10 000 000 AZN at face value.
The bid was submitted with the 91.10% (YTM 11.50%) price.
The Ministry of Finance set the cut off price in the amount of 91.10% (YTM 11.50%) and the weighted average price in the amount of 91.10% (YTM 11.50%) The volume of T-bills realized at face value was AZN 10 000 000.
The maturity date of T-bills is June 05, 2009.
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THE OPERATION IS BEING PERFORMED