Bank Of Baku

Placement of T-bills held

Placement of T-bills held
# 23 January 2009 15:53 (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 10200322S was carried out at Baku Stock Exchange.
The volume of submitted bid by 1 participator was 2 586 200 AZN at face value.
The bid was submitted with the 98.60% (YTM 5.70%) price.
The Ministry of Finance set the cut off price in the amount of 98.60% (YTM 5.70%) and the weighted average price in the amount of 98.60% (YTM 5.70%). The volume of T-bills realized at face value was AZN 2 586 200.
The maturity date of T-bills is April 24, 2009.
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THE OPERATION IS BEING PERFORMED