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Placement of short-term notes held

17 March 2009 12:16 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. On March 17, 2009 an auction on placement of short-term notes of National Bank with the state registration number 50101121S, total volume AZN 15 000 000, volume put-up to the auction AZN 10 000 000, face value per note AZN 200, and turnover period 29 days was carried out on Baku Stock Exchange.
Total volume of orders submitted by 2 investors made AZN 3 039 200 at face value.
Orders were presented in price range from 99.78% (YTM â€“ 2.74%) to 99.79% (YTM â€“ 2.61%).
National Bank set cut off price on competitive orders in the amount of 99.78% (YTM â€“ 2.74%) and weighted average price in the amount of 99.79% (YTM â€“ 2.61%). Volume of Notes realized at face value formed AZN 3 039 200.
The maturity date of Notes is April 15, 2009.