Baku Stock Exchange to Host Auction to Place National Bank’s Notes

Business Materials 22 July 2008 18:38 (UTC +04:00)

Azerbaijan, Baku, 22 July / Trend / On July 23, 2008 from 11:00 to 12:30 an auction on placement of notes of National Bank will be held on BSE.

The state registration number of Notes is 50102919S. The volume of the issue is AZN 60,000,000, volume put-up in auction AZN 40,000,000, face value per note AZN 200, turnover period 28 days. The maturity date is August 20, 2008.

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