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National Bank of Azerbaijan Holds Next Auction on Placement of Notes

Business Materials 7 August 2007 19:54 (UTC +04:00)

Azerbaijan, Baku / Trend / An auction on placement of the notes of the National Bank of Azerbaijan (NBA) will be held on 8 August 2007 from 11.00 a.m. to 12.30 p.m. at the Baku Stock Exchange (BSE), according to the report of the BSE publicized on 7 August.

The state registration number of the notes is 50103216S, volume of issue is AZN 40mln. AZN 30mln will be placed at the auction with face value of a note being AZN 200 and circulation term 28 days.

The repayment date is 5 September 2007.

Non-competitive applications not exceeding 20% of the volume of the issue are admitted to the auction.

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