Azerbaijan, Baku / Тrend / Baku Stock Exchange (BSE) held a placement of state short-term bonds with the number 10503615S of the Finance Ministry in the sum of AZN 3mln on 28 August. Face value of a bond was AZN 200, circulation term - 364 days.
The number of the inquiries submitted by two participants of the auction made up AZN 952,200. The inquiries had the charge of 91.76% (profitability - 9.00%) and 92.62% (profitability - 7.99%).
The non-competitive bid was set by the Finance Ministry at 91.76% (profitability - 9.00%). Average weighted charge made up 91.91% (profitability - 8.83%).
The amount met in nominal comprised AZN 952,200, including non-competitive bids in the sum of AZN 132,200. Date of payment is 26 August 2008.