Auction takes place on placement of T-Bills at BSE

As APA reports, the volume of submitted orders by 3 participators was 2,178,800 manats at face value.

Orders were submitted in price range from 97,13% (YTM – 11,98%) to 97,76% (YTM – 9,29%). The Ministry of Finance set the cut off price in the amount of 97,13% (YTM – 11,98%), and the weighted average price in the amount of 97,62% (YTM – 9,89%).

The volume of T-bills realized at face value was 2,178,800 manats, including 329,800 manats of noncompetitive bids. The maturity date of T-bills is September 11, 2006. Property rights to T-Bills are registered on Depo accounts.