T-Notes placement

T-Notes placement
# 11 May 2010 08:35 (UTC +04:00)
On May 14, 2010 from 11:00 to 12:30 an auction on placement of T-Notes will be held at the BSE.

Emitent

Azerbaijan Ministry of Finance

Type of valuable paper

State midterm bonds

State registration number

10700927S

Date of auction

14.05.2010

The volume of the issue (mln. AZN)

2

Face value (AZN)

100

Term of circulation (days)

728

Interest rate

4%

Interest payment dates:

12.11.2010

13.05.2011

11.11.2011

11.05.2012

The maturity date

11.05.2012



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