Placement of T-bills at BSE

Business Materials 17 October 2007 20:19

Azrebaijan, Baku / Trend / On 17 October 2007 the additional placement of T-bills of the Ministry of Finance with the state registration number 10500417S was carried out at the Baku Stock Exchange (BSE).

The volume of the submitted bid by 1 participant was AZN 1mln at face value.

The bid was submitted with the 90.88% (YTM 10.50%) price.

The Ministry of Finance set the cut-off price in the amount of 90.88% (YTM 10.50%) and the weighted average price in the amount of 90.88% (YTM 10.50%). The volume of T-bills realized at face value was AZN 1mln.

The maturity date of the T-bills is 30 September 2008.