Failure in Azerbaijan Government T-bills

Failure in Azerbaijan Government T-bills Short-term government bonds (T-bills) of the Ministry of Finance of Azerbaijan, whose sales have resumed at the Baku Stock Exchange for the first time since 3 May 2013 are still not in grave demand. So far the MoF managed to raise through the sale of T-bills only AZN 2.8 million with target of AZN 16 million, while the first, second, fourth and fifth auctions on bonds of such kind turned out ineffective in 2013. The BSE reports that on... Read More