Bank Of Baku

CGB placement

CGB placement
# 26 April 2010 15:00 (UTC +04:00)
On April 27, 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.

 

Emitent

 

Azerbaijan Ministry op Finance

 

Type of valuable paper

 

one-year callable government bonds

 

State registration number

 

10500828S

 

Date of Auction

 

27.04.2010

 

The volume of the isue (mln. AZN)

 

4

 

Face value (AZN)

 

100

 

Interest rate (%)

 

3,75

 

Term of circulation (days)

 

364

 

Interest payment dates

 

26.10.10

 

26.04.11

 

The maturity date

 

26.04.2011



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