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Another T-Bills Placement at Baku Stock Exchange

Business Materials 12 August 2008 18:22 (UTC +04:00)

Azerbaijan, Baku, 12 August / Trend / On August 12, 2008 placement of T-bills of Ministry of Finance with the state registration number 10305020S was carried out at Baku Stock Exchange.

The volume of submitted bid by 1 participator was 10,000,000 AZN at face value.

The bid was submitted with the 94.58% (YTM 11.49%) price.

The Ministry of Finance set the cut off price in the amount of 94.58% (YTM 11.49%) and the weighted average price in the amount of 94.58% (YTM 11.49%). The volume of T-bills realized at face value was AZN 10,000,000.

The maturity date of T-bills is February 10, 2009.

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