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Auction on placement of T-bills to be held at BSE

15 August 2006 [09:00] - TODAY.AZ
Auction on placement of T-bills of Finance Ministry will be held at Baku Stock Exchange August 15.

As APA reports, the volume of the issue is AZN 3,000,000, face value per note AZN 200, turnover period 98 days. The maturity date is November 21, 2006.

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

The auction will be held according to the contract signed between Baku Stock Exchange (BSE) and Finance Ministry of Azerbaijan Republic on July 7 of 2006.


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