Today.Az » Business » Auction takes place on placement of T-Bills at BSE
14 June 2006 [10:00] - Today.Az
Baku Stock Exchange (BSE) hosted the placement of T-Bills of the Ministry of Finance with the state registration number 10201413S.
As APA reports, the volume of submitted orders by 3 participators was 2,178,800 manats at face value.
Orders were submitted in price range from 97,13% (YTM – 11,98%) to 97,76% (YTM – 9,29%). The Ministry of Finance set the cut off price in the amount of 97,13% (YTM – 11,98%), and the weighted average price in the amount of 97,62% (YTM – 9,89%).
The volume of T-bills realized at face value was 2,178,800 manats, including 329,800 manats of noncompetitive bids. The maturity date of T-bills is September 11, 2006. Property rights to T-Bills are registered on Depo accounts.