Auction on Placement of T-Bills to be Held in BSE

Business Materials 27 February 2008 19:56 (UTC +04:00)

Azerbaijan, Baku, 27 February / Trend / An auction on additional placement of T-Bills- with the state registration number 10300820S, will be held at the Baku Stock Exchange from 11:00 to 12:30.

The volume of the issue is AZN 3 952 200 AZN, the face value per T-bill is AZN 200. Term of circulation of T-bills is 181 days. The maturity date is August 26, 2008.

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