Bank Of Baku

Placement of T-bills worth 4 204 200 held

Placement of T-bills worth 4 204 200 held
# 22 October 2008 09:35 (UTC +04:00)
Baku. Vugar Mustafayev – APA-Economics. On October 21, 2008 additional placement of T-bills of Ministry of Finance with the state registration number 10305820S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 3 investors made AZN 5.354.200 at face value
The orders were submitted within the 94.68% (YTM 12.51%) and 95.47% (YTM 10.56%) price interval.
The Ministry of Finance set the cut off price in the amount of 95.11% (YTM 11.44%) and the weighted average price in the amount of 95.15% (YTM 11.34%) The volume of T-bills realized at face value was AZN 4 204 200.
The maturity date of T-bills is April 03, 2009.
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THE OPERATION IS BEING PERFORMED