Finance Ministry sold short-term bonds for AZN 10 million

17:32 - 3.10.2017

The Ministry of Finance of Azerbaijan conducted this year’s next placement of state short-term bonds (T-bills).

The Baku Stock Exchange informs that on 3 October the Finance Ministry sold manat-denominated T-bills offered in the volume of AZN 10 million for the 91-day term.

The nine investors submitted the 20 orders for totally AZN 32.45 million. Under the Finance Ministry’s decision, the cut-off price was set at the level of AZN 98.9025 (yield: 4.5003%) and weighted average price was set at the level of AZN 98.9025 (4.5003%). All the offered the T-bills were sold for AZN 10 million.

 

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