Bank Of Baku

Additional placement of T-bills held

Additional placement of T-bills held
# 28 January 2009 07:31 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. On January 27, 2009 additional placement of T-bills of Ministry of Finance with the state registration number 10100222S was carried out at Baku Stock Exchange. Total volume of orders submitted by 4 investors made AZN 10 706 400 at face value The orders were submitted within the 99.44% (YTM 6.63%) and 99.52% (YTM 5.68%) price interval. The Ministry of Finance set the cut off price in the amount of 99.52% (YTM 5.68%) and the weighted average price in the amount of 99.52% (YTM 5.68%) The volume of T-bills realized at face value was AZN 9 902 400, including noncompetitive orders of AZN 1 377 600. The maturity date of T-bills is February 27, 2009.
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THE OPERATION IS BEING PERFORMED