Ministry of Finance Sold T-bills 2.02 Million Manat

Short-term government bonds series AZ0101029368 amounting to 2.02 million manat were placed on the auction held on October 5 at the Baku Stock Exchange. 

The auction was attended by one investor with an application at 2.02 million manat. The application was submitted in price of 99.38% (YTM 2.50%). 

The cut-off price was set by the Ministry of Finance at the level of 99.38% (2.50%) and the weighted average was the same. 

Repayment of the bonds will be held on 4 January 2013. - 15D - 

 

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