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CGB placement

08 October 2010 14:28 (UTC +04:00)

On October 12, 2010 the auction for placement of one-year callable government bonds (CGB) will be held at BSE.

Issuer

Ministry of Finance

Type securities

Callable government bonds (CGB)

State registration number

10501928S

Date of auction

12.10.2010

The volume of the issue (mln. AZN)

Face value (AZN)

100

Interest rate (%)

4,00

Term of circulation (days)

364

Interest payment date

12.04.2011

11.10.2011

The maturity date

11.10.2011

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.