Bank Of Baku

Placing of T-bills takes place at Baku Stock Exchange

Placing of T-bills takes place at Baku Stock Exchange
# 23 January 2009 15:52 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On January 23, 2009 placement of T-bills of Ministry of Finance with the state registration number 10500422S was carried out at Baku Stock Exchange.
The volume of submitted bid by 1 participator was 1 083 200 AZN at face value.
The bid was submitted with the 91.76% (YTM 9.00%) price.
The Ministry of Finance set the cut off price in the amount of 91.76% (YTM 9.00%) and the weighted average price in the amount of 91.76% (YTM 9.00%). The volume of T-bills realized at face value was AZN 1 083 200.
The maturity date of T-bills is January 22, 2010.
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THE OPERATION IS BEING PERFORMED