INVITATION TO BID

Bid No.

257

Issued By

National Bank of Ethiopia

Bid Doc. Price

See detail below

Published Date

December 16, 2005

Opening Date

See detail below

Remarks

Bid Category

Sales of Treasury Bills

Description

 

1.     TREASURY BILL TENDER NUMBER 257

2.      TOTAL VALUE OF THE BILLS TO BE ISSUED BIRR 1,500,000,000.-

3.      DATE OF THE SALE OF THE BILLS December 21, 2005.

4.      TYPES OF T/BILLS & BID AMOUNT:

Types of t/bills

Bid amount

Maturity date

28 days

91 days

182 days

1,200,000,000.-

200,000,000.-

100,000,000.-

18 January 2006

22 March 2006

21 June 2006

5.      THE MINIMUM AMOUNT THAT SHOULD BE OFFERED FOR EACH TYPE OF T/BILLS BIRR 5,000 AND IN MULTIPLES THEREOF.

6.      TENDERS CAN BID FOR ALL OR ANY TYPES OF TREASURE BILL.

7.      TENDER APPLICATION FORM CAN BE OBTAINED FORM TREASURY BILLS OFFICE.

8.      CLOSING DATE AND TIME FOR SUBMISSION OF TENDER APPLICATION FORM December 20, 2005 at 2:00 P.M.

9.     RESULT ANNOUNCEMENT DATE December 21, 2005

10.  ANY INCOME DERIVED FORM TREASURY BILLS OR ON ANY OPERATIONS IS EXEMPTED FORM TAX.

11.  ADDITIONAL INFORMATION IF NEEDED CAN BE OBTAINED FORM THE TREASURY BILLS OFFICE.

NATIONAL BANK OF ETHIOPIA

   

Bids (Tenders) are obtained from "The Ethiopian Herald" which is published by Ethiopian Press Agency. All rights reserved.

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