Short-term government bonds (T-bills) series AZ0101045364 amounting to 804.8 thousand manats were placed on auction, held on December 21 at the Baku Stock Exchange (BSE).
At the stated amount of bonds of AZN 4 million demand for them by the three bidders was 804.8 thousand manats at face value. Orders were presented in price 99.38% (YTM 2.50%)
Cut-off price was set by the Ministry of Finance at 99.38% (2.50%) and was equal to the weighted average.
Repayment of the bonds will be on 22 March 2013.
On the same day on the BSE was an auction on placement of short-term bonds, series AZ0101044367 by the Ministry of Finance.
According to the message of the exchange, because of the lack of bids from investors the accommodations were declared invalid. - 15D -
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