Finance Ministry places AZN

29 June 2026

Finance Ministry places AZN 10M-bonds

23:03 30 August 2016 Read: 1198

Finance Ministry places AZN 10M-bonds

Today, an auction on placement of short-term bonds of Ministry of Finance with the term of circulation of 91 days and volume of AZN 10 mln, were carried out at Baku Stock Exchange.

The total volume of 15 orders submitted by 8 participators was AZN 33,714,500 at face value.

The orders were submitted with the 96.3512% (15.4003%) and 97.9200% (8.6383%) price. GB realized with volume of at face value was AZN 2 million.

The Ministry of Finance set the cut off price in the amount of 97.6234% (YTM 9.9001%) and the weighted average price in the amount of 97.7580% (YTM 9.3265%).

GB realized with volume of at face value was AZN 10 million.

The maturity date of T-bills is November 29, 2016.

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