Bank Of Baku

T-bills placement takes place

T-bills placement takes place
# 13 January 2009 14:47 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On January 13, 2008 placement of T-bills of Ministry of Finance with the state registration number 10100122S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 4 investors made AZN 20.040.000 at face value
The orders were submitted within the 95.31% (YTM 7.25%) and 95.56% (YTM 4.61%) price interval.
The Ministry of Finance set the cut off price in the amount of 99.45% (YTM 5.77%) and the weighted average price in the amount of 99.50% (YTM 5.24%) The volume of T-bills realized at face value was AZN 18.668.000.
The maturity date of T-bills is February 17, 2009.
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THE OPERATION IS BEING PERFORMED