On September 29th, 2020 placement of T-bonds of Ministry of Finance with the ISIN of AZ0104010779 was carried out at Baku Stock Exchange.
18 orders were submitted by 13 investors and total volume of orders was 101,699,400.00 AZN at face value.
The orders were submitted in price ranges 91.7846 AZN (9.0000%) and 93.6656 AZN (6.8000%) .
The Ministry of Finance set the cut off price 93.1450 AZN (7.4000%), and the volume weighted average price of 93.1736 AZN (7.3669%).
The settlement date of T-bills is 30.09.2020 (T+1).
The volume of T-bills realized at face value was 45 000 000 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 28.09.2021
