Bourse

Bourse

Placement of short-term notes held

14 January 2009 13:11 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. On January 14, 2009 an auction on placement of short-term notes of National Bank with the state registration number 50100221S, total volume AZN 60 000 000, volume put-up to the auction AZN 40 000 000, face value per note AZN 200, and turnover period 28 days was carried out on Baku Stock Exchange.
Total volume of orders submitted by 5 investors made AZN 18 383 600 at face value.
Orders were presented in price range from 99.54% (YTM â€“ 5.94%) to 99.69% (YTM â€“ 4.00%).
National Bank set cut off price on competitive orders in the amount of 99.54% (YTM â€“ 5.94%) and weighted average price in the amount of 99.65% (YTM â€“ 4.52%). Volume of Notes realized at face value formed AZN 18 383 600, including noncompetitive orders of AZN 2 037 800. The maturity date of Notes is February 11, 2009.