INVITATION TO BID

Bid No.

625

Issued By

National Bank of Ethiopia

Bid Doc. Price

See detail below

Published Date

April 8, 2006

Opening Date

See detail below

Remarks

Bid Category

Sale of Treasury Bills

Description

 

1.      TREASURY BILL TENDER NUMBER 265

2.      TOTAL VALUE OF THE BILLS TO BE ISSUED BIRR 1,800,000,000.-

3.      DATE OF THE SALE OF THE BILLS April 12, 2006.

4.      TYPES OF T/BILLS & BID AMOUNT

TYPES OF T/BILLS

BIDS AMOUNT

MATURITY  DATE

28 DAYS
91 DAYS
182 DAYS

1,400,000,000.-
   200,000,000.-   200,000,000.-

10 May 2006
12 July 2006
11October 2006

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 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 April 11, 2006 at 2:00 P.M.

9.      RESULT ANNOUNCEMENT DATE April 12, 2006.

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