Bank Of Baku

Additional placement of T-bills worth AZN 2 373 600 held

Additional placement of T-bills worth AZN 2 373 600 held
# 08 September 2008 16:14 (UTC +04:00)
Baku. Nijat Mustafayev-APA-Economics. An additional placement of T-bills of Ministry of Finance with the state registration number 10303020S was carried out at Baku Stock Exchange.
The volume of submitted bid by 1 participator was 2 373 600 AZN at face value.
The bid was submitted with the 97.42% (YTM 11.37%) price.
The Ministry of Finance set the cut off price in the amount of 97.42% (YTM 11.37%) and the weighted average price in the amount of 97.42% (YTM 11.37%). The volume of T-bills realized at face value was AZN 2 373 600.
The maturity date of T-bills is December 02, 2008.
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