T-Notes placement

T-Notes placement
# 24 May 2010 15:21 (UTC +04:00)
On May 25, 2010 from 11:00 to 12:30 an auction on placement of T-Notes will be held at the BSE.

Emitent

Azerbaijan Ministry of Finance

Type of valuable paper

State mid-term bonds

State registration number

10801227S

Date of auction

25.05.2010

The volume of the issue (mln. AZN)

3

Face value (AZN)

100

Term of circulation (days)

1 092

Interest rate

4,5%

The maturity date

21.05.2013

Interest payment dates

23.11.2010

24.05.2011

22.11.2011

22.05.2012

20.11.2012

21.05.2013



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