At auction T-bills sold at 1.005 million manat
Short-term government bonds (state T-bills) Series AZ0102042394 amounting to 1.005 million manat were placed at the auction held on September 17 at the Baku Stock Exchange (BSE).
As stated in the Stock Exchange, the volume of requests from one trader was exactly 1.005 million manat. The application was submitted with 99.53 % (YTM 1.89 %).
The cut-off price was set by the Ministry of Finance at the level of 99.53 % (3.79 %) and the weighted average price was equal to that.
Repayment of th T-bills will take place December 17, 2013. - 15D -
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