Azerbaijan, Baku / Trend / On 31 August 2007, the placement of T-bills by the Ministry of Finance with the state registration number 10503715S, total volume of AZN 7,000,000, a face value per bond at AZN 200, and a turnover period of 364 days was carried out at the Baku Stock Exchange.
The volume of submitted orders by three participators was AZN 7,808,000 at face value. The orders were submitted within the 90.11% (YTM 11.01%) and 91.79% (YTM 8.97%) price interval. The Ministry of Finance set the cut-off price on competitive orders in the amount of 91.76% (YTM 9.00%) and the weighted average price in the amount of 91.76% (YTM 9.00%). The volume of T-bills realized at face value was AZN 1,409,900, including noncompetitive orders of 348,800 AZN.
The maturity date of the T-bills is 29 August 2008.