INVITATION TO BID

Bid No.

279

Issued By

National Bank of Ethiopia

Bid Doc. Price

See detail below

Published Date

October 19, 2006

Opening Date

See detail below

Remarks

Bid Category

Sale of Treasury Bills

Description

 

1.      TREASURY BILL TENDER NUMBER 279

2.      TOTAL VALUE OF THE BILLS TO BE ISSUED BIRR 2,948,500,000.-

3.      DATE OF THE SALE OF THE BILLS October 25, 2006.

4.      TYPES OF T/BILLS & BID AMOUNT:-

TYPE OF T/BILLS

BID AMOUNT

MATURITY DATE

28 DAYS

1,400,000,000.-

22 November 2006

91 DAYS

1,107,500,000.-

24 January 2007

182 DAYS

441,000,000.-

25 April 2007

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 October 24, 2006 at 2:00 P.M.

9.      RESULT ANNOUNCEMENT DATE October 25, 2006.

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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