NATIONAL BANK OF AZERBAIJAN ANOUNCES AUCTION OF NOTES
The National Bank of Azerbaijan announceed action of short-term notes on 11August. The auction will the 30th in 2005, the Baku Stock Exchange told Trend. The subject of the auction will be notes of second prospect with registration number 50200810S.
The volume of the notes to be put for auction will be 40 billion manats. The term for the notes cirrculation is 34 days, the date of repayment 14 September.
The National Bank of Azerbaijan registered placement of two prospects of emmission of notes in the total volume 1 trillion manats in 2005.