T-Bills placement

T-Bills placement
# 12 July 2010 11:26 (UTC +04:00)
On July 13, 2010 from 11:00 to 12:30 an auction on placement of T-Bills will be held at the BSE.

Issuer

Azerbaijan Ministry of Finance

Type of securities

State short-term bonds

State registration number

10304826S

Date of auction

13.07.2010

Volume of the issue (mln. AZN)

7

Face value (AZN)

100

Term of circulation (days)

182

The maturity date

11.01.2011



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 40% of bond volume put up for auction by Issuer.
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THE OPERATION IS BEING PERFORMED