Bank Of Baku

T-Bills placement

T-Bills placement
# 15 March 2010 16:06 (UTC +04:00)
Baku – APA-Economics. On March 16, 2010 from 11:00 to 12:30 an auction on placement of T-Bills with the state registration number 10501826S 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 March 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