Baku Stock Exchange Holds Auction on Placement of T-bills
Azerbaijan, Baku / Trend / On September 17, 2007 additional placement of T-bills of Ministry of Finance with the state registration number 10503715S was carried out at Baku Stock Exchange.
The volume of submitted orders by 2 participators was AZN 1 104 200 at face value. The bid was submitted with the 90.92% (YTM 10.50%) price. The Ministry of Finance set the cut off price in the amount of 90.92% (YTM 10.50%) and the weighted average price in the amount of 90.92% (YTM 10.50%). The volume of T-bills realized at face value was AZN 1 104 200.
The maturity date of T-bills is 29 September 29, 2008