Placement of T-bills held

Placement of T-bills held
# 17 December 2008 13:17 (UTC +04:00)
Baku. Nijat Suleymanov-APA-Economics. On December 16, 2008 additional placement of T-bills of Ministry of Finance with the state registration number 10306720S was carried out at Baku Stock Exchange.
The volume of submitted bid by 1 participator was 3 455 600 AZN at face value.
The bid was submitted with the 95.88% (YTM 8.96%) price.
The Ministry of Finance set the cut off price in the amount of 95.88% (YTM 8.96%) and the weighted average price in the amount of 95.88% (YTM 8.96%). The volume of T-bills realized at face value was AZN 3 455 600.
The maturity date of T-bills is June 09, 2009.
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THE OPERATION IS BEING PERFORMED