INVITATION TO BID

Bid No.

289

Issued By

National Bank of Ethiopia

Bid Doc. Price

See detail below

Published Date

March 11, 2007

Opening Date

See detail below

Remarks

Bid Category

Sale of Treasury Bill

Description

 

1.      TREASURY BILL TENDER NUMBER 289

2.      TOTAL VALUE OF THE BILLS TO BE ISSUED BIRR 2,400,000,000.-

3.      DATE OF THE SALE OF THE BILLS March 14, 2006.

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

TYPES OF T/BILLS

BIDS AMOUNT

MATURITY DATE

28 DAYS

1,000,000,000.-

11 April 2007

91 DAYS

1,000,000,000.-

13 June 2007

182 DAYS

400,000,000.-

12 September 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 March 13, 2007 at 2:00 P.M.

9.      RESULT ANNOUNCEMENT DATE March 14, 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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