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T-bills Placed at 518,800 Manats on Auction
Short-term government bonds (T-bills) Series AZ0104023392 amounting to 518,800 manat were placed on the auction, which took place at the Baku Stock Exchange (BSE) on July 5.
As stated in the Stock Exchange, the auction was attended by one investor with an application at 518.8 thousand manats at face value. The application was submitted with the 96.36% (YTM 3.79%)
The cut-off price was set by the Ministry of Finance at the level of 96.36% (3.79%) and the weighted average.
Repayment of T-bills will be held on July 2, 2014. - 15D -
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