TODAY.AZ / Business

Auction on secondary placement of T-bills starts at Baku Stock Exchange on November 1

29 October 2005 [11:36] - TODAY.AZ
The auction on secondary placement of T-bills with the state registration number 10601508S will be held in Baku Stock Exchange (BSE) on from 11.00 till 12.30 on November 1, in accordance with the contract signed between the BSE and Finance Ministry.

According to the information given to APA fro the BSE, the volume of issue is AzM 30,016 bln. (AzNM 6 003 200), face value per note is AzM 1 mln. (AzNM 200). Term of note circulation is 90 days.

It must be noted that, non-rivalry orders are allowed to be accepted on condition they are not more than 20% of the issue of T-bills during the auction.



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