Bank Of Baku

Placement of T-bills held

Placement of T-bills held
# 29 August 2008 14:45 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On August 29, 2008 additional placement of T-bills of Ministry of Finance with the state registration number 10305220S was carried out at Baku Stock Exchange.
The volume of submitted bid by 1 participator was 6 306 000 AZN at face value.
The bid was submitted with the 94.86% (YTM 11.50%) price.
The Ministry of Finance set the cut off price in the amount of 94.86% (YTM 11.50%) and the weighted average price in the amount of 94.86% (YTM 11.50%). The volume of T-bills realized at face value was AZN 6 306 000.
The maturity date of T-bills is February 17, 2009.
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THE OPERATION IS BEING PERFORMED