Short-term government bonds (T-bills) AZ0102046361 series in the amount of AZN 1.014 million were posted in the auction held on December 25 at the Baku Stock Exchange (BSE).
At the stated amount of bonds at 7 mln the demand for them on the part of one bidder was exactly 1,014,000 manats at face value. The application was submitted in price 98.54% (YTM 2.97%)
Cut-off price was set by the Ministry of Finance at 98.54% (2.97%) and equal to the weighted average.
Repayment of the T-bills will be held June 25, 2013. - 15D -
Economics
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