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Treasury Bill Invitation to Bid Print E-mail

WEEK ENDING:  03 FEBRUARY 2011

TREASURY BILLS AUCTION - INVITATION TO BID

AUCTION NUMBER : TB12/02/01-03

AMOUNT OFFERED ON AUCTION: K 50,000,000 "Million"

Terms 28 Days 63 Days 91 Days 182 Days 364 Days

Weighted Average Rates(%)

0.00 0.00 0.00 3.72 4.15

Amount on offer (Kina) million

0.000 0.000 0.000 20.000 30.000

Settlement Date

03-Feb-12 03-Feb-12 03-Feb-12 03-Feb-12 03-Feb-12

Maturity Date

02-Mar-12 05-Apr-12 04-May-12 03-Aug-12 01-Feb-13

T/B Total maturity this week is K0  of which  K0 is Tap Maturity

Bids will be received at the Money Market Operations Unit, Financial Markets Department, Second Floor counter of the Bank of Papua New Guinea, Port Moresby on the Bid Form attached to the Terms and Conditions for the Auction of Papua New Guinea Government Treasury Bills.

The Auction will be opened until Wednesday, 1st of February 2011.

Minimum Bid is K1000,000.00 and in lots of K10,000.00 thereafter.

For Registered Bidders settlement must be no later than 1:00p.m. Friday, 03rd of February 2011.

Original Bid Forms must be delivered/posted to Money Market Operations Unit of Bank of Papua New Guinea.

Mr. Loi Bakani

Governor

Bank of Papua New Guinea

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The Manager

Money Market Unit - Financial Markets Department

Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Telephone: 322 7271