Bank Of Baku

Auction on T-bills placement falls through

Auction on T-bills placement falls through
# 23 September 2008 12:23 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On September 22, 2008 additional placement of T-bills of Ministry of Finance with the state registration number 10505320S was carried out 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 90.81% (YTM 11.19%) price.
The auction was considered ineffective.
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