OREANDA-NEWS. On January 16, 2007 an auction on placement of short-term notes of National Bank with the state registration number 50100219S, total volume AZN 100,000,000, volume put-up in auction AZN 73, 000, 000, face value per note AZN 200, 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 17 investors made AZN 70.409.800 at face value. Orders were presented in price range from 99,14% (YTM – 11,15%) to 99,19% (YTM – 11,50%).

National Bank set cut off price on competitive orders in the amount of 99,14% (YTM – 11,15%) and weighted average price in the amount of 99,16% (YTM – 10,89%). Volume of Notes realized at face value formed AZN 70.409.800, including noncompetitive orders of AZN 167,800. The maturity date of Notes is February 13, 2008.