Bank Of Baku

T-Bills placement

T-Bills placement
# 12 April 2010 13:19 (UTC +04:00)
On April 13, 2010 from 11:00 to 12:30 an auction on placement of T-Bills will be held at the BSE.

 

Emitent

 

Azerbaijan Ministry of Finance

 

Type of valuable paper

 

State short-term loan

 

State registration number

 

10302426S

 

Date of auction

 

13.04.2010

 

The volume of the issue (mln. AZN)

 

7

 

Face value per T-bill  (AZN)

 

100

 

Term of circulation (day)

 

182

 

The maturity date

 

12.10.2010



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