Auction on Placement of T-Bills to be Held in Baku Stock Exchange

Business Materials 11 February 2008 16:02 (UTC +04:00)

Azerbaijan, Baku, 11 Fewbruary / Trend / An auction on placement of T-Bills with the state registration number 10500620S will be held at the Baku State Exchange from 11am to 12.30pm.

The volume of issue is AZN 5mln, face value per T-bill is AZN 200. Term of circulation of T-bills is 364 days.

The maturity date is February 10, 2009.

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