Bank Of Baku

T-bills placement takes place on Baku Stock Exchange

T-bills placement takes place on Baku Stock Exchange
# 10 February 2009 15:17 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On February 10, 2009 placement of T-bills of Ministry of Finance with the state registration number 10300922S was carried out at Baku Stock Exchange.
Total volume of orders submitted by 2 investors made AZN 623 400 at face value
The orders were submitted within the 96.63% (YTM 6.99%) and 96.67% (YTM 6.91%) price interval.
The Ministry of Finance set the cut off price in the amount of 96.63% (YTM 6.99%) and the weighted average price in the amount of 96.64% (YTM 6.97%) The volume of T-bills realized at face value was AZN 623 400.
The maturity date of T-bills is August 11, 2009.
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THE OPERATION IS BEING PERFORMED