OREANDA-NEWS. January 31, 2008. Auction was held on January 29, 2008 at Baku Stock Exchange to float short-term state loans of Finance Ministry of the Republic of Azerbaijan registered on January 24, 2008 under ID 10300320S. Total volume of loans is 5,0 mln AZN, nominal price 200 AZN, turnover duration 182 days.

Sum of orders submitted on the nominal by 5 investors partaking in the auction was 5.000.000,0 AZN. Orders were submitted in prices 94,82% - 94,66%. Cut and average measured prices of loans on competitive orders have been set 10,96% by the issuer. Volume of loans realized on nominal was 5.000.000,0 AZN. Payment date of loans is July 29, 2009.