Bank Of Baku

T-bills placement fell through at Baku Stock Exchange

T-bills placement fell through at Baku Stock Exchange
# 19 September 2008 09:41 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On September 18, 2008 an auction on additional placement of T-bills of Ministry of Finance with the state registration number 10505320S was held at Baku Stock Exchange.
The volume of submitted bid by 1 participator was 291 000 AZN at face value.
The bid was submitted with the 90.48% (YTM 11.50%) price.
The auction was considered ineffective.
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