TODAY.AZ / Business

Auction on placement of T-Bills of Finance Ministry was considered ineffective

27 July 2006 [10:23] - TODAY.AZ
July 24 placement of T-bills of Ministry of Finance with the state registration number 10301913S was held at Baku Stock Exchange.

The volume of submitted orders by 5 participators was 2,936,400 manats at face value. Orders were submitted in price range from 93.00% (YTM – 15.10%) to 93.91% (YTM – 13.01%).

The auction was considered ineffective as orders didn't suit the issuer, APA reports.


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