The Ministry of Finance plans to place T-bills totaling AZN 10 million at the maturity period of 182 days on March 7.
The previous auction on placement of T-bills of similar parameters was carried out in February. Then, the weighted average yield was 15.76% per annum on discount securities.
Total in 2017 the Ministry of Finance to cover the budget deficit has issued T-bills in the total amount of 700 million AZN.
Only one investment company, Pasha Capital, has been selected for placement of T-bills. ----08B
Economics
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