OREANDA-NEWS. On January 22, 2007 placement of T-bills of Ministry of Finance with the state registration number 10500220S, total volume of AZN 8,000,000, face value per bond AZN 200, and turnover period 363 days was carried out on Baku Stock Exchange, reported the press-centre of Baku Stock Exchange.

The volume of submitted orders by 2 participators was AZN 3 187 200 at face value. The orders were submitted within the 89,35% (YTM 11,99%) and 90,14% (YTM 11,00%) price interval.

The Ministry of Finance set the cut off price on competitive orders in the amount of 90,14% (YTM 11,00%) and the weighted average price in the amount of 90,14% (YTM 11,00%). The volume of T-bills realized at face value was AZN 994 400.

The maturity date of T-bills is January 19, 2009.