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National Bankâ€™s short-term notes realized

12 February 2009 08:04 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. An auction on placement of short-term notes of National Bank with the state registration number 50100621S, total volume AZN 40 000 000, volume put-up to the auction AZN 15 000 000, face value per note AZN 200, and turnover period 28 days was carried out on Baku Stock Exchange.
The volume of submitted bid by 1 participator was 2 003 600 AZN at face value.
The bid was submitted with the 99.77% (YTM 2.96%) price.
National Bank set cut off price on competitive orders in the amount of 99.77% (YTM 2.96%) and weighted average price in the amount of 99.77% (YTM 2.96%). Volume of Notes realized at face value formed AZN 2 003 600.
The maturity date of Notes is March 11, 2009.