Azerbaijan’s Finance Ministry Announces Auction on placement of T-Bills
Azerbaijan, Baku / Trend / On 2 August from 11:00 to 12:30 an auction on placement of T-Bills with the state registration number 10503215S will be held at the Baku State Exchange.
The volume of the issue is AZN 12mln., and the face value per T-bill is AZN 200. The term of circulation of the T-bills is 365 days.
The maturity date is 1 August 2008. Noncompetitive bids not exceeding 20% of the issue volume are allowed at the auction.