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T-Bills Placement at Baku Stock Exchange

Business Materials 20 February 2008 19:10

Azerbaijan, Baku, 20 February / Trend / On 19 Feb 2008, an additional placement of the T-bills of Ministry of Finance- with the state registration number 10300420S was carried out at Baku Stock Exchange.

The volume of submitted bid by 1 participator was AZN 2,161,200, at the face value.

The bid was submitted with 95.23% (YTM 10.88%) of the price.

The Ministry of Finance set the cut off price in the amount of 95.23% (YTM 10.88%) and the weighted average price in the amount of 95.23% (YTM 10.88%).The volume of T-bills realized at face value was AZN 2 161 200.

The maturity date of T-bills is 5 August 2008.

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