Finance

Home page

Finance

Baku Stock Exchange carries out placement of T-bills of Finance Ministry

06 August 2008 15:01 (UTC +04:00)

Baku. Nijat Mustafayev-APA-Economics. On August 06, 2008 additional placement of T-bills of Ministry of Finance with the state registration number 10504620S was carried out at Baku Stock Exchange.
Baku Stock Exchange told APA-Economics that the volume of submitted bid by 1 participator was 5 000 000 AZN at face value.
The bid was submitted with the 89.91% (YTM 11.51%) price.
The Ministry of Finance set the cut off price in the amount of 89.91% (YTM 11.51%) and the weighted average price in the amount of 89.91% (YTM 11.51%). The volume of T-bills realized at face value was AZN 5 000 000.
The maturity date of T-bills is July 28, 2009.

Additional placement of T-bills of Ministry of Finance with the state registration number 10303020S was carried out at Baku Stock Exchange today.
Baku Stock Exchange told APA-Economics that the volume of submitted bid by 1 participator was 569 800 AZN at face value.
The bid was submitted with the 96.42% (YTM 11.48%) price.
The Ministry of Finance set the cut off price in the amount of 96.42% (YTM 11.48%) and the weighted average price in the amount of 96.42% (YTM 11.48%). The volume of T-bills realized at face value was AZN 569 800.
The maturity date of T-bills is December 02, 2008.