Baku Stock Exchange to Hold Auction on T-bills Placement

Business Materials 25 February 2008 18:14 (UTC +04:00)

Azerbaijan, Baku, 25 February / Trend / On 26 February, 2008 from 11:00 to 12:30 an auction on the placement of T-Bills with the state registration number 10300820S will be held at the BSE.

The volume of the issue is AZN 5mln, face value per T-bill is AZN 200. Term of circulation of T-bills is 182 days.

The maturity date is 26 August, 2008.

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