INVITATION TO BID

Bid No.

295

Issued By

National Bank of Ethiopia

Bid Doc. Price

See detail below

Published Date

June 2, 2007

Opening Date

See detail below

Remarks

Bid Category

Treasury Bill

Description

 

1.       TREASURY BILL TENDER NUMBER 295

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

3.       DATE OF THE SALE OF THE BILLS  June 06, 2007.

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

TYPES OF T/BILLS

BIDS AMOUNT

MATURITY DATE

28 DAYS

800,000,000.-

4 July 2007

91 DAYS

800,000,000.-

5 September 2007

182 DAYS

400,000,000.-

5 December 2007

5.       THE MINIMUM AMOUNT OF THAT SHOULD BE OFFERED FOR EACH TYPE OF T/BILLS BIRR 5,000 AND 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 June 5, 2007 at 2:00 P.M.

9.       RESULT ANNOUNCEMENT DATE June 6, 2007.

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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