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Finance Ministry announces auction on placement of T-bills

Business Materials 29 October 2005 11:55

The Azerbaijani Finance Ministry announced an auction on replacement of T-bills. The auction will be held on 8 November 2005 and directed to placement of T-bills under state registration number 10201608S, Baku Stock Exchange (BSEX) told Trend.

The volume of placement amounted to 18,477bn, the maturity date of which is 13 Jnauary 2005

Thus, in 2005 the Finance Ministry announced 18 issues of T-bills worth 505bn manats or 77.69% of the emission prospect registered for 2005. The Ministry attracted 246,876bn manats over 18 issues.

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