Azerbaijan, Baku, 23 January / Trend / On 22 Jan 2007, the placement of T-bills of Ministry of Finance, with the state registration number 10500220S, total volume of AZN 8,000,000, the face value of AZN 200per bond, and the turnover period 363 days, was carried out in the Baku Stock Exchange.
The volume, of the submitted orders by 2 participators, was AZN 3 187 200 at the face value. The orders were submitted within the 89.35% (YTM 11.99%) and 90.14% (YTM 11.00%) price interval.
The Ministry of Finance has set a cut off in the price of the competitive orders in the amount of 90.14% (YTM 11.00%) and the weighted average price in the amount of 90.14% (YTM 11.00%). The volume of T-bills realized at face value was AZN 994 400.
The maturity date of T-bills is January 19, 2009.