On August 18th, 2020 placement of T-bonds of Ministry of Finance with the ISIN of AZ0106016782 was carried out at Baku Stock Exchange.
17 orders were submitted by 12 investors and total volume of orders was 87,795,000.00 AZN at face value.
The orders were submitted in price ranges 90.3179 AZN (13.0000%) and 101.0382 AZN (8.6000%) .
The Ministry of Finance set the cut off price 100.000 AZN (9.0000%), and the volume weighted average price of 100.6942 AZN (8.7320%)
The settlement date of T-bills is 19.08.2020 (T+1).
The volume of T-bills realized at face value was 18 968 100 AZN. According to the issue terms, as demand exceeded supply, Issuer issued additional 50% (10mln) of issue amount.
The maturity date of T-bills is 15.08.2022
