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T-Bills Placement Held in Baku Stock Exchange

Business Materials 29 April 2008 20:08 (UTC +04:00)

Azerbaijan, Baku, 29 April / Trend / On 29April2008, the placement of T-bills of Ministry of Finance with the state registration number 10302120S was carried out at Baku Stock Exchange.

The volume of submitted bid by 1 participator was AZN 495, 200 at the face value.

The bid was submitted with the 94.80% (YTM 11.00%) price.

The Ministry of Finance set the cut off price in the amount of 94.80% (YTM 11.00%) and the weighted average price in the amount of 94.80% (YTM 11.00%) The volume of T-bills realized at face value was AZN 495, 200.

The maturity date of T-bills is October 28, 2008. 

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