Auction on placement of T-bills of Finance Ministry held at BSE

BSE told APA that the volume of the issue is AZN 6,000,000, face value per note AZN 200, turnover period 182 days.

The volume of submitted orders by 5 investors was AZN 2 586 400 at face value.

Orders were submitted in price range from 93.91% (YTM – 13.01%) to 94.58% (YTM – 11.49%).

The Ministry of Finance set the cut off price in the amount of 93.91% (YTM – 13.01%) and the weighted average price in the amount of 94.19% (YTM – 12.37%).

The volume of T-bills realized at face value was 2 587 400, including AZN 336 600 manats of noncompetitive bids.

The maturity date of T-bills is March 19, 2007.