Placement of T-bills held

Placement of T-bills held
# 05 November 2008 09:57 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On November 04, 2008 additional placement of T-bills of Ministry of Finance with the state registration number 10206020S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 7 investors made AZN 27.520.400 at face value
The orders were submitted within the 97.26% (YTM 11.30%) and 97.81% (YTM 8.98%) price interval.
The Ministry of Finance set the cut off price in the amount of 97.78% (YTM 9.11%) and the weighted average price in the amount of 97.79% (YTM 9.06%) The volume of T-bills realized at face value was AZN 15 000 000.
The maturity date of T-bills is February 03, 2009.
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THE OPERATION IS BEING PERFORMED