Baku / 17.05.17 / Turan: At the auction held on May 16 on placement of T-bills with circulation term of 91 days, profitability on them was established at the level of 13.78% per annum. This is about 3% less than the previous (April 4) auction.The Ministry of Finance fully placed government bonds in the amount of AZN 10 million at face value. At the same time, investors submitted applications for a total amount exceeding the supply approximately f...

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