T-Notes placement

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

Issuer

Ministry of Finance

Type of securities

State short-term bonds

State registration number

10802227S

Date of auction

30.07.2010

Volume of issue (mln. AZN)

3

Face Value (AZN)

100

Term of circulation (days)

1 092

Interest rate

4,5%

The maturity date

26.07.2013

Interest payment date:

28.01.2011

29.07.2011

27.01.2012

27.07.2012

25.01.2013

26.07.2013



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.
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THE OPERATION IS BEING PERFORMED