Bank Of Baku

Another issue of T-bills auctioned at Baku Stock Exchange

Another issue of T-bills auctioned at Baku Stock Exchange
# 28 January 2009 07:48 (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 10500422S was carried out at Baku Stock Exchange. Total volume of orders submitted by 2 investors made AZN 2.183.000 at face value. The orders were submitted within the 91.85% (YTM 9.00%) and 91.86% (YTM 8.98%) price interval. The Ministry of Finance set the cut off price in the amount of 91.85% (YTM 9.00%) and the weighted average price in the amount of 91.85% (YTM 9.00%) The volume of T-bills realized at face value was AZN 1.916.800. The maturity date of T-bills is January 22, 2010.
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