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

Business Materials 19 February 2008 19:39 (UTC +04:00)

Azerbaijan, Baku, 19 February / Trend / An auction on the placement of notes of the National Bank will be held on the Baku Stock Exchange (BSE) from 11:00 to 12:30 on 20 February, BSE said on 19 February.

The state registration number of the notes is 50100719S. The volume of the issue is AZN 40,000,000, volume put-up in auction AZN 25,000,000, face value per note AZN 200, and turnover period 28 days.

The maturity date is March 19, 2008.

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