Bank Of Baku

T-bills placement held

T-bills placement held
# 29 July 2009 13:06 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On July 28, 2009 placement of T-bills of Ministry of Finance with the state registration number 10305322S was carried out at Baku Stock Exchange.
The volume of submitted bid by 1 participator was 5 043 400 AZN at face value.
The bid was submitted with the 98.89% (YTM 2.25%) price.
The Ministry of Finance set the cut off price in the amount of 98.89% (YTM 2.25%) and the weighted average price in the amount of 98.89% (YTM 2.25%). The volume of T-bills realized at face value was AZN 5 043 400.
The maturity date of T-bills is January 26, 2010.
Term of circulation of T-bills is 182 days.
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THE OPERATION IS BEING PERFORMED