TODAY.AZ / Business

Schedule of T-bills issue changed

16 August 2006 [08:38] - TODAY.AZ
Some changes were made to the schedule of issue of T-bills by Ministry of Finance of the Azerbaijan Republic in 2006.

According to the changes, auctions on placement of T-bills will henceforth be held on Tuesdays.

As APA reports,turnover periods of R-bills to be placed will be 3, 4, 6 and 12 months.

Residents and nonresidents of the Azerbaijan Republic, as well as legal and physical entities can take part at auctions on T-bills.

The schedule of placement of National Bank Notes has not been altered and auctions on Notes will be henceforward held in the current order, i.e. on Wednesdays.


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