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T-Notes placement

22 June 2010 07:24 (UTC +04:00)

On June 25, 2010 from 11:00 to 12:30 an auction on placement of T-Notes will be held at the BSE.

State registration number	10801627S
Volume of issue	3 000 000 AZN
Face value	100 AZN
Term of circulation	1092 days
Interest rate	4,5%
Payment interest rate:	24.12.2010
	24.06.2011
	23.12.2011
	22.06.2012
	21.12.2012
	21.06.2013
Maturity date	21.06.2013

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 20% of bond volume put up for auction by Issuer.