Azerbaijan, Baku, Feb. 18 / Trend /
The auction on placement of notes of National Bank was completed on the Baku Stock Exchange.
The state registration number of Notes is 50100721S. The volume of the issue is 10 million manat, face value per note 200 manat, turnover period 27 days.
Total number of bids (competitive and noncompetitive) presented by three investors totaled 8.31 million manat.
The applications were submitted at a price of 99.64 per cent (yield 4.82 per cent) and 99.7 percent (yield 4.01 per cent).
Price cut for competitive bids was set by NBA in the amount of 99.64 percent (yield 4.82 per cent), the average price was 99.66 per cent (4.55 per cent yield).
The amount of notes was 8.31 million manat, including non-application of 1.002 billion manat.
The maturity date is March 17, 2009.
On Feb. 18, the official exchange rate is 0.8063 manat to $1.
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