INVITATION TO BID

Bid No.

242

Issued By

National Bank of Ethiopia

Bid Doc. Price

See detail below

Published Date

May 21, 2005

Opening Date

See detail below

Remarks

Bid Category

Sale of Treasury Bills

Description

 

1.       TREASURY BILL TENDER NUMBER 242

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

3.       DATE OF THE SALE OF THE BILLS May 25, 2005

4.       TYPES OF T/BILLS & BID AMOUNT:

TYPE OF T/BILLS

BIDS AMOUNT

MATURITY DATE

28 DAYS

91 DAYS

182 DAYS

1,200,000,000.-

1,200,000,000.-

100,000,000.-

22 June 2005

24 August 2005

23 November 2005

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 TYPE OF TREASURY BILL.

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

8.      CLOSING DATE AND TIME FOR SUBMISSION OF TENDER APPLICATION FORM May 24, 2005 at 2:00 P.M.

9.      RESULT ANNOUNCEMENT DATE May 25, 2005

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

11.   ADDITIONAL INFORMATION IF NEEDED CAN BE OBTAINED FROM 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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