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CGB placement

09 March 2010 16:04 (UTC +04:00)

On March 12, 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 10500528S

The volume of the isue AZN 4 000 000

Face value ÐZN 100

Interest rate 3,75 %

Term of circulation 364 days

Interest payment dates 10.09.2010
11.03.2011

The maturity date 11.03.2011

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.