Today.Az - Auction on placement of T-Bills of Finance Ministry to be held at BSE

Today.Az » Business » Auction on placement of T-Bills of Finance Ministry to be held at BSE

12 July 2006 [03:32] - Today.Az

An auction on placement of T-Bills of Ministry of Finance with the state registration number 10201813S will be held at Baku Stock Exchange on July 14.

BSE told APA that the volume of the issue is AZN 5 mln., face value per T-bill is AZN 200.

Term of circulation of T-bills is 94 days.

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 Ministry of Finance of Azerbaijan Republic National Bank (NB) of Azerbaijan Republic on July 07, 2005.