OREANDA-NEWS. On July 25, 2007 an auction on placement of short-term notes of National Bank with the state registration number 50103016S, total volume 30,000,000 manats, face value per note 200 manats, and turnover period 28 days was carried out on Baku Stock Exchange, reported the press-centre of Baku Stock Exchange.

Total volume of orders submitted by 14 investors made 59,253,600 manats at face value. Orders were presented in price range from 99,11% (YTM – 11,55%) to 99,15% (YTM – 11,02%).

National Bank set cut off price on competitive orders in the amount of 99,13% (YTM – 11,28%) and weighted average price in the amount of 99,14% (YTM – 11,15%). Volume of notes realized at face value formed 30,000,000 manats, including noncompetitive orders of 5 995,200 manats. The maturity date of notes is August 22, 2007.