On July 7th, 2020 placement of T-bonds of Ministry of Finance with the ISIN of AZ0105012782 was carried out at Baku Stock Exchange.
20 orders were submitted by 14 investors and the total volume of orders was 73,020,100.00 AZN at face value.
The orders were submitted in price ranges 95.0269 AZN (12.9%) and 101.0892 AZN (9.39%).
The Ministry of Finance set the cut off price of 100.9454 AZN (9.47%), and the volume-weighted average price of 100.9641 (9.4596%).
The settlement date of T-bills is 08.07.2020 (T+1).
The volume of T-bills realized at face value was 30 000 000 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 05.07.2022
