Auction on Placement of Notes of National Bank to be Held on Baku Stock Exchange

Business Materials 16 January 2008 11:30 (UTC +04:00)

Azerbaijan, Baku, 15 Jnauary / Trend / On 16 January from 11.00am to 12.30pm an auction on the placement of notes of the National Bank will be held on the BSE.

The state registration number of the notes is 50100219S. The volume of the issue is AZN 100,000,000, volume put-up in auction AZN 73,000,000, face value per note AZN 200, turnover period 28 days. The maturity date is 13 February, 2008.

Noncompetitive bids not exceeding 20% of the issue of volume are allowed at the auction.