Bank Of Baku

T-bills auction took place on Baku Stock Exchange

T-bills auction took place on Baku Stock Exchange
# 25 February 2009 08:30 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. An auction on the placement of T-bills of Ministry of Finance with the state registration number 10200722S was carried out at Baku Stock Exchange on February 24.
Total volume of orders submitted by 1 investor made AZN 1.01 million at face value
The orders were submitted within the 98.81% (YTM 6.02%) and 99.55% (YTM 4.71%) price interval.
The Ministry of Finance set the cut off price and the weighted average price at 98.81% (YTM 6.02%).The volume of T-bills realized at face value was AZN 1.01 million.
The maturity date of T-bills is May 8, 2009.
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