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CGB placement

17 September 2010 15:28 (UTC +04:00)

On September 21, 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.

Issuer	Ministry of Finance
Type of securities	Callable government bonds (CGB)
State registration number	10501828S
Date if auction	20.09.2010
Volume of the issue (mln. AZN)	4
Face value (AZN)	100
Interest rate (%)	4,00
Term of circulation (days)	364
Interest payment date	22.03.2011
	20.09.2011
The maturity date	20.09.2011

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.