Bank Of Baku

Placement of T-bills worth AZN 5 million held

Placement of T-bills worth AZN 5 million held
# 12 September 2008 10:48 (UTC +04:00)
Baku. Nijat Mustafayev-APA-Economics. An additional placement of T-bills of Ministry of Finance with the state registration number 10505120S was carried out at Baku Stock Exchange.
The volume of submitted bid by 1 participator was 5 000 000 AZN at face value.
The bid was submitted with the 90.48% (YTM 11.50%) price.
The Ministry of Finance set the cut off price in the amount of 90.48% (YTM 11.50%) and the weighted average price in the amount of 90.48% (YTM 11.50%). The volume of T-bills realized at face value was AZN 5 000 000.
The maturity date of T-bills is August 11, 2009.
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