On October 13th, 2020 placement of T-bonds of Ministry of Finance with the ISIN of AZ0104011777 was carried out at Baku Stock Exchange.
23 orders were submitted by 14 investors and total volume of orders was 87,889,100.00 AZN at face value.
The orders were submitted in price ranges 91.7846 AZN (9.0000%) and 93.5349 AZN (6.9500%) .
The Ministry of Finance set the cut off price 93.1623 AZN (7.3799%), and the volume weighted average price of 93.2255 AZN (7.3068%).
The settlement date of T-bills is 14.10.2020 (T+1).
The volume of T-bills realized at face value was 37 500 000 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 12.10.2021
