Auction on placement of T-bills held at BSE Sep. 11

BSE told APA that the volume of submitted orders by 6 participators was 2,254,400 manats at face value. Orders were submitted in price range from 96.59% (YTM – 14.01%) to 97.14% (YTM – 11.68%).

The Ministry of Finance set the cut off price in the amount of 97.07% (YTM – 11.98%), and the weighted average price in the amount of 97.09% (YTM – 11.89%). The volume of T-bills realized at face value was 1,593,800 manats, including 395,800 manats of noncompetitive bids. The maturity date of T-bills is December 12, 2006.