Azerbaijan, Baku, 11 June / Trend / On 11 June 2008, an auction on placement of short-term notes of National Bank with the state registration number 50102319S, total volume AZN 20,000,000, face value per note AZN 200, and turnover period 28 days was carried out on Baku Stock Exchange.
Total volume of orders submitted by 7 investors made AZN 13.809.400 at face value.
Orders were presented in price range from 99.14% (YTM - 11.15%) to 99.23% (YTM - 9.98%).
National Bank set cut off price on competitive orders in the amount of 99.14% (YTM - 11.15%) and weighted average price in the amount of 99.18% (YTM - 10.63%). Volume of Notes realized at face value formed AZN 13.809.400, including noncompetitive orders of AZN 834.200.
The maturity date of Notes is July 09, 2008.