Additional placement of Finance Ministry’s T-bills

Additional placement of Finance Ministry’s T-bills
# 08 August 2008 16:49 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On August 08, 2008 additional placement of T-bills of Ministry of Finance with the state registration number 10303020S was carried out at Baku Stock Exchange.
Baku Stock Exchange told APA-Economics that the volume of submitted bid by 1 participator was 56 600 AZN at face value.
The bid was submitted with the 96.47% (YTM 11.51%) price.
The Ministry of Finance set the cut off price in the amount of 96.47% (YTM 11.51%) and the weighted average price in the amount of 96.47% (YTM 11.51%). The volume of T-bills realized at face value was AZN 56 600.
The maturity date of T-bills is December 02, 2008.
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THE OPERATION IS BEING PERFORMED