On July 14th, 2020 placement of T-bonds of Ministry of Finance with the ISIN of AZ0104007775 was carried out at Baku Stock Exchange.
23 orders were submitted by 14 investors and the total volume of orders was 122,959,400.00 AZN at face value.
The orders were submitted in price ranges 89.2857 AZN (12.0661%) and 93.085 AZN (7.4696%).
The Ministry of Finance set the cut off price of 92.6474 AZN (7.9798%), and the volume-weighted average price of 92.6945 AZN (7.9246%).
The settlement date of T-bills is 15.07.2020 (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 an additional 50% (15mln) of issue amount.
The maturity date of T-bills is 13.07.2021
