Rate of return on Azerbaijani finance ministry’s bonds decreases

T-bills of the Azerbaijani Ministry of Finance with the ISIN number AZ0102001515 were placed at the Baku Stock Exchange on June 21, 2016, the Baku Stock Exchange said.

The bids were submitted by 12 investors and a total volume of all bids was 52,814,500 manat at face value.

The bids were submitted in the amount of 91.8264 manat (17.9989 percent) and 95.9400 manat (8.5571 percent), the Baku Stock Exchange said.

The Ministry of Finance set the cut off price in the amount 95.94 manat (8.5571 percent) and the weighted average price in the amount of 95.94 manat (8.5571 percent).

The volume of T-bills realized at face value was 5,000,000 manat. The maturity date of T-bills is December 20, 2016.

Term of circulation of T-bills is 182 days.

T-bills of the Azerbaijani Ministry of Finance with the ISIN number AZ0104002511 were placed at the Baku Stock Exchange on June 21, 2016.

The bids were submitted by 11 investors and a total volume of all bids was 36,437,000 manat at face value.

The bids were submitted in the amount of 80 manat (25.1377 percent) and 91.7800 manat (9.0055 percent), the Baku Stock Exchange said.

The Ministry of Finance set the cut off price in the amount 91.3700 manat (9.4971 percent) and the weighted average price in the amount of 91.3874 manat (9.4761 percent).

The volume of T-bills realized at face value was 10,000,000 manat. The maturity date of T-bills is June 20, 2017.

Term of circulation of T-bills is 364 days.

Source: Trend