T-bills placement fell through at Baku Stock Exchange

T-bills placement fell through at Baku Stock Exchange
# 12 November 2008 09:55 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On November 11, 2008 placement of T-bills of Ministry of Finance with the state registration number 10206220S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 5 investors made AZN 13.426.800 at face value
The orders were submitted within the 97.68% (YTM 9.53%) and 97.82% (YTM 8.94%) price interval.
The auction was considered ineffective.
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