Bank Of Baku

Short-term notes placing falls through

Short-term notes placing falls through
# 29 July 2009 13:08 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. On July 29, 2009 an auction on placement of short-term notes of National Bank with the state registration number 50102921S, total volume AZN 5 000 000, volume put-up to the auction AZN 4 000 000, 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 10 010 200 at face value.
The orders were submitted within the 99.84% (YTM 2.06%) and 99.86% (YTM 1.80%) price interval.
The orders were not accepted by the Issuer.
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