Bank Of Baku

Placing of T-bills held

Placing of T-bills held
# 26 November 2008 07:33 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On October 25, 2008 placement of T-bills of Ministry of Finance with the state registration number 10306520S was carried out at Baku Stock Exchange.
The volume of submitted bid by 1 participator was 1 044 000 AZN at face value.
The bid was submitted with the 95.49% (YTM 9.47%) price.
The Ministry of Finance set the cut off price in the amount of 95.49% (YTM 9.47%) and the weighted average price in the amount of 95.49% (YTM 9.47%). The volume of T-bills realized at face value was AZN 1 044 000.
The maturity date of T-bills is May 26, 2009.
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THE OPERATION IS BEING PERFORMED