Baku Stock Exchange Hosts T-Bills Placement
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.