Auction to be Held to Place T-Bills in Baku Stock Exchange
Azerbaijan, Baku, 11 June / Trend / By 8 August 2008, from 11:00 to 12:30 an auction on additional placement of T-Bills with the state registration number 10303220S will be held at the BSE.
The volume of the issue is AZN 3,000,000 AZN face value per T-bill is AZN 200. Term of circulation of T-bills is 181 days.
The maturity date is 9 December 2008.
Noncompetitive bids not exceeding 20% of the issue volume are allowed at the auction.