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CGB placement

22 February 2010 16:08 (UTC +04:00)

On February 23, 2010 from 11:00 am till 12:30 pm the auction for placement of one-year callable government bonds (CGB) will be held at BSE.

State registration number	10500428S
The volume of the issue	AZN 4 000 000
Face value	АZN 100
Interest rate	3,75 %
Term of circulation	364 days
Interest payment dates	24.08.2010
Interest payment dates	22.02.2011
The maturity date	22.02.2011

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.