At the auction T-bills placed for AZN 4 million

Short-term government bonds (state T-bills) Series AZ0101057393 a 4 million manat were placed at the auction held November 19 at the Baku Stock Exchange.

Total volume of applications submitted by the sole bidder was exactly 4,001,000 manats at face value. The application was provided and satisfied at the price of 99.86 % (YTM 1.46 %).

Repayment of T-bills will take place December 24, 2013.

On the same day there were trades on placement of short-term bonds (state T-bills) Series AZ0102058390 from the Ministry of Finance.

As stated in the Stock Exchange, the auction was attended by one investor and the total bid amount was equal to 201,000 manats at face value.

Nominal application, able to bring a 1.93 % yield, was not satisfied by the issuer. - 15D -

 

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