Short-term government bonds (T-bills) series AZ0101042361 at $ 4 mln were placed on auction held on December 10 at the Baku Stock Exchange.
At the stated amount of bonds of AZN 4 million, demand for them by the two bidders exceeded 4.2 mln at face value. Orders were presented in price range from 99.40% (YTM 2.42%) to 99.39% (2.46%).
Cut-off price was set by the Ministry of Finance at 99.39% (2.46%) and was equal to the weighted average.
Repayment of T-bills will be on 8 March 2013. - 15D -
Economics
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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