Bank Of Baku

Another placement of T-bills takes place

Another placement of T-bills takes place
# 23 February 2009 10:12 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On February 20, 2009 placement of T-bills of Ministry of Finance with the state registration number 10501222S was carried out at Baku Stock Exchange.
The volume of submitted bid by 1 participator was 1 080 000 AZN at face value.
The bid was submitted with the 91.85% (YTM 8.90%) price.
The Ministry of Finance set the cut off price in the amount of 91.85% (YTM 8.90%) and the weighted average price in the amount of 91.85% (YTM 8.90%). The volume of T-bills realized at face value was AZN 1 080 000.
The maturity date of T-bills is February 19, 2010.
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THE OPERATION IS BEING PERFORMED