Bank Of Baku

Placement of T-bills held

Placement of T-bills held
# 19 November 2008 07:27 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On November 18, 2008 placement of T-bills of Ministry of Finance with the state registration number 10306420S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 3 investors made AZN 3.136.000 at face value
The orders were submitted within the 95.07% (YTM 10.40%) and 95.48% (YTM 9.49%) price interval.
The Ministry of Finance set the cut off price in the amount of 95.48% (YTM 9.49%) and the weighted average price in the amount of 95.48% (YTM 9.49%) The volume of T-bills realized at face value was AZN 1.835.600.
The maturity date of T-bills is May 19, 2009.
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THE OPERATION IS BEING PERFORMED