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Azerbaijan’s Finance Ministry Holds Additional Placement of T-bills

Business Materials 9 August 2007 10:32 (UTC +04:00)

Azerbaijan, Baku / Trend / On 7 August 2007 additional placement of T-bills of Ministry of Finance with the state registration number 10501315S was carried out at Baku Stock Exchange.

The volume of submitted orders by 6 participators was AZN 7 299 800 at face value. Orders were submitted in price range from 92.46% (YTM - 11.49%) to 92.64% (YTM - 11.20%). The Ministry of Finance set the cut off price in the amount of 92.52% (YTM 11.39%) and the weighted average price in the amount of 92.61% (YTM 11.25%). The volume of T-bills realized at face value was AZN 3 988 600 including noncompetitive orders of 696 600

The maturity date of T-bills is April 22, 2008.

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