Bank Of Baku

Placement of T-bills held

Placement of T-bills held
# 19 August 2008 16:59 (UTC +04:00)
Baku. Nijat Mustafayev-APA-Economics. On August 19, 2008 additional placement of T-bills of Ministry of Finance with the state registration number 10204920S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 3 investors made AZN 2.340.200 at face value
The orders were submitted within the 97.43% (YTM 11.46%) and 97.42% (YTM 11.51%) price interval.
The Ministry of Finance set the cut off price in the amount of 97.42% (YTM 11.51%) and the weighted average price in the amount of 97.42% (YTM 11.51%) The volume of T-bills realized at face value was AZN 2.340.200.
The maturity date of T-bills is November 11, 2008.
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THE OPERATION IS BEING PERFORMED