Bank Of Baku

T-Bills placement auction

T-Bills placement auction
# 15 February 2010 15:20 (UTC +04:00)
On February 16, 2010 from 11:00 to 12:30 an auction on placement of T-Bills with the state registration number 10501026S will be held at the BSE.

The volume of the issue

AZN 2 000 000

Face value per T-bill

AZN 100

Term of circulation of T-bills

364 days

The maturity date

February 15, 2011



Noncompetitive bids not exceeding 20% of the issue volume are allowed at the auction.
Issuer has the right not to admit the bid if the total volume of orders for bonds purchase submitted by auction participants is less than 30% of bond volume put up for auction by Issuer.
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THE OPERATION IS BEING PERFORMED