Baku Stock Exchange to Hold Auction on Additional Placement of T-Bills

Business Materials 13 September 2007 19:22 (UTC +04:00)

Azerbaijan, Baku / Trend / By September 14, of 2007 from 11:00 to 12:30 an auction on additional placement of T-Bills with the state registration number 10503715S will be held at the BSE.

The volume of the issue is AZN 5 590 600 AZN face value per T-bill is AZN 200. Term of circulation of T-bills is 350 days.

The maturity date is August 29, 2008. Last placement date September 22, 2007

Noncompetitive bids not exceeding 20% of the issue volume are allowed at the auction.