Bourse

Home page

Bourse

Short-term notes placement takes place o9n Baku Stock Exchange

25 February 2009 12:38 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. On February 25, 2009 an auction on placement of short-term notes of National Bank with the state registration number 50100821S, total volume AZN 20 000 000, volume put-up to the auction AZN 10 000 000, face value per note AZN 200, and turnover period 28 days was carried out on Baku Stock Exchange.
Total volume of orders submitted by 3 investors made AZN 3 009 600 at face value.
Orders were presented in price range from 99.62% (YTM â€“4.90%) to 99.68% (YTMâ€“4.13%).
National Bank set cut off price on competitive orders in the amount of 99.62% (YTM â€“ 4.90%) and weighted average price in the amount of 99.65% (YTM â€“ 4.52%). Volume of Notes realized at face value formed AZN 3 009 600, including noncompetitive orders of AZN 333 800.
The maturity date of Notes is March 25, 2009.