TODAY.AZ / Business

T-bills of Ministry of Finance placed at BSE

08 August 2006 [09:10] - TODAY.AZ
Auction on placement of T-bills of Ministry of Finance with the state registration number 10202113S was held at Baku Stock Exchange.

As APA reports, the volume of submitted orders by 3 participators was 3,331,200 manats at face value.

Orders were submitted in price range from 96.63% (YTM – 13.99%) to 97.45% (YTM – 10.50%). The Ministry of Finance set the cut off price in the amount of 97.45% (YTM – 10.50%), and the weighted average price in the amount of 97.45% (YTM – 10.50%).

The volume of T-bills realized at face value was 494,800 manats, including 294,800 manats of noncompetitive bids. The maturity date of T-bills is November 6, 2006.


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