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Baku Stock Exchange Hosts T-Bills Placement

Business Materials 19 June 2008 17:31 (UTC +04:00)

Azerbaijan, Baku, 19 June / Trend / On June 19, 2008 additional placement of T-bills of Ministry of Finance with the state registration number 10302620S was carried out at Baku Stock Exchange.

The volume of submitted bid by 1 participator was 104,200 AZN at face value.

The bid was submitted with the 95.63% (YTM 10.97%) price.

The Ministry of Finance set the cut off price in the amount of 95.63% (YTM 10.97%) and the weighted average price in the amount of 95.63% (YTM 10.97%) The volume of T-bills realized at face value was AZN 104,200.

The maturity date of T-bills is November 18, 2008.

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