Bank Of Baku

Placement of T-bills held

Placement of T-bills held
# 14 November 2008 15:01 (UTC +04:00)
Baku. Nicat Mustafayev – APA-Economics. On November 14, 2008 placement of T-bills of Ministry of Finance with the state registration number 10206320S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 4 investors made AZN 19.988.600 at face value
The orders were submitted within the 97.80% (YTM 9.02%) and 98.04% (YTM 8.02%) price interval.
The Ministry of Finance set the cut off price in the amount of 97.81% (YTM 8.98%) and the weighted average price in the amount of 97.85% (YTM 8.81%) The volume of T-bills realized at face value was AZN 15 000 000.
The maturity date of T-bills is February 13, 2009.
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THE OPERATION IS BEING PERFORMED