Schedule of issue of T-bills of Ministry of Finance changed

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. Turnover periods of R-bills to be placed will be 3, 4, 6 and 12 months. The e-form of the modified schedule of issue of T-bills in 2006 can be downloaded from the official web-page of Baku Stock Exchange (www.bse.az). We should remind that both residents and nonresidents of the Azerbaijan Republic, as well as legal and physical entities can take part at auctions on T-bills. We should note that the schedule of placement of National Banks Notes has not been altered and auctions on Notes will be henceforward held in the current order, i.e. on Wednesdays.