The Ministry of Finance of Azerbaijan has placed short-term government bonds worth 10 million manats.
Baku Stock Exchange said that during the auction eight investors submitted 15 bids. The nominal volume of orders amounted to 33 million 714.5 thousand manats.
The orders were submitted in the price range from AZN 96.4427 (14.9999% yield) to AZN 98.4029 (6.6002%).
The maturity of the bonds is 91 days, and the maturity date is November 29, 2016. -----72D
Economics
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