BSE registers AZN 3.1 million-T-bills of Ministry of Finance

BSE registers AZN 3.1 million-T-bills of Ministry of Finance
# 06 August 2008 02:28 (UTC +04:00)
Baku. Nijat Mustafayev –APA-Economics. On August 05, 2008 placement of T-bills of Ministry of Finance with the state registration number 10304720S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 3 investors made AZN 3.100.000 at face value
The orders were submitted within the 94.57% (YTM 11.52%) and 94.59% (YTM 11.47%) price interval.
The Ministry of Finance set the cut off price in the amount of 94.57% (YTM 11.52%) and the weighted average price in the amount of 94.59% (YTM 11.47%) The volume of T-bills realized at face value was AZN 3 100 000, including noncompetitive orders of AZN 371.800.
The maturity date of T-bills is February 03, 2009.





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