INVITATION TO BID

Bid No.

241

Issued By

National Bank of Ethiopia

Bid Doc. Price

See detail below

Published Date

May 5, 2005

Opening Date

See detail below

Remarks

Bid Category

Sale of Treasury Bills

Description

 

PUBLIC TENDER NOTICE FOR SALES OF
GOVERNMENT OF ETHIOPIA
TREASURY BILLS

1.       TREASURY BILL TENDER NUMBER 241

2.       TOTAL VALUE OF THE BILLS TO BE ISSUED BIRR 871,500,000.-

3.       DATE OF THE SALE OF THE BILLS May 11, 2005

4.       TYPES OF T/BILLS & BID AMOUNT:  

TYPES OF T/BILLS

BIDS AMOUNT

MATURITY DATE

28 DAYS

91 DAYS

182 DAYS

571,500,000.-

200,000,000.-

100,000,000.-

8 June 2005

9 August 2005

9 November 2005

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

6.   TENDERERS CAN BID FOR ALL OR ANY TYPE 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 10, 2005 AT 2:00 P.M.

9.   RESULT ANNOUNCEMENT DATE May 11, 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

   

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