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

Business Materials 4 February 2008 17:05 (UTC +04:00)

Azerbaijan, Baku, 4 February / Trend / On 5 February, 2008, from 11:00 to 12:30 an auction will be held at the Baku Stock Exchange (BSE) for the placement of T-Bills holding the state registration number 10500520S

The issue volume is AZN 3mln and the face value per T-bill is AZN 200. The circulation term of the T-bills is 364 days and the maturity date is 3 February, 2009.

Non-competitive bids not exceeding 20% of the issue volume are allowed at the auction.