Bank Of Baku

Placement of T-bills held

Placement of T-bills held
# 24 September 2008 13:31 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On September 23, 2008 additional placement of T-bills of Ministry of Finance with the state registration number 10504820S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 3 investors made AZN 2.878.800 at face value
The orders were submitted within the 90.55% (YTM 12.09%) and 91.70% (YTM 10.49%) price interval.
The Ministry of Finance set the cut off price in the amount of 91.70% (YTM 10.49%) and the weighted average price in the amount of 91.70% (YTM 10.49%) The volume of T-bills realized at face value was AZN 505 800.
The maturity date of T-bills is August 09, 2009.
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THE OPERATION IS BEING PERFORMED