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Baku Stock Exchange to Hold Auction on National Bank’s Notes Placement

Business Materials 13 May 2008 18:43 (UTC +04:00)

Azerbaijan, Baku, 13 May / Trend / On 14May2008, from 11:00 to 12:30, an auction on placement of notes of National Bank will be held at BSE.

The state registration number of Notes is 50101919S. The volume of the issue is AZN 50,000,000, volume put-up in auction AZN 35,000,000- face value per note AZN 200, turnover period 28 days. The maturity date is June 11, 2008.

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

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