Bank Of Baku

Placement of T-bills worth AZN 922 400 held

Placement of T-bills worth AZN 922 400 held
# 08 September 2008 16:15 (UTC +04:00)
Baku. Nijat Mustafayev-APA-Economics. On September 08, 2008 additional placement of T-bills of Ministry of Finance with the state registration number 10204920S was carried out at Baku Stock Exchange.
The volume of submitted bid by 1 participator was 922 400 AZN at face value.
The bid was submitted with the 98.04% (YTM 11.40%) price.
The Ministry of Finance set the cut off price in the amount of 98.04% (YTM 11.40%) and the weighted average price in the amount of 98.04% (YTM 11.40%). The volume of T-bills realized at face value was AZN 922 400.
The maturity date of T-bills is November 11, 2008.
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