Tomorrow, on December 20 the Baku Stock Exchange will hold a planned discount sale of T-bills amounting to 25 million manat.
According to the Baku Stock Exchange the Ministry of Finance put up for sale T-bills in the amount of 10 million manat with a circulation period of 364 days and it put up for sale T-bills of 15 million manat with a circulation period of 182 days.
Next week, the Ministry of Finance will put up for sale the last batch of T-bills of the same maturity in the total amount of 20 million AZN.
Before December 1st this year, the Ministry of Finance raised a little more than AZN 380 million from the sale of T-bills. The average yield of the T-bills is 14-16% per annum. ----08D
Economics
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