Bank Of Baku

Details of T-bills placement on July 24

Details of T-bills placement on July 24
# 20 July 2009 11:37 (UTC +04:00)
On July 24, 2009 from 11:00 to 12:30 an auction on placement of T-Bills with the state registration number 10205222S will be held at the BSE.

The volume of the issue

AZN 15 000 000

Face value per T-bill

AZN 200

Term of circulation of T-bills

91 days

The maturity date

October 23, 2009



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 50% of bond volume put up for auction by Issuer.
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THE OPERATION IS BEING PERFORMED