T-bills Allocated in Azerbaijani Stock Exchange

Business Materials 16 January 2008 11:26 (UTC +04:00)

Azerbaijan, Baku, 15 January / Trend / The placement of T-bills of Ministry of Finance with the state registration number 10500120S, total volume of AZN 5,000,000, face value per bond AZN 200, and turnover period 364 days was carried out on the Baku Stock Exchange.

The volume of submitted orders by three participators was AZN 407,600 at face value. The orders were submitted within the 88.92% (YTM 12.49%) and 90.15% (YTM 10.96%) price interval.

The Ministry of Finance set the cut off price on competitive orders in the amount of 90.12% (YTM 10.99%) and the weighted average price in the amount of 90.12% (YTM 10.99%). The volume of T-bills realized at face value was AZN 4,107,400.

The maturity date of the T-bills is 13 January 2009.