OREANDA-NEWS. On January 30, 2007 an auction on placement of short-term notes of National Bank with the state registration number 50100419S, total volume AZN 65,000,000, volume put-up in auction AZN 60, 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 10 investors made AZN 41.543.000 at face value. Orders were presented in price range from 99,15% (YTM – 11,02%) to 99,21% (YTM – 10,24%). National Bank set cut off price on competitive orders in the amount of 99,15% (YTM – 11,02%) and weighted average price in the amount of 99,17% (YTM – 10,76%).

Volume of Notes realized at face value formed AZN 41.543.000, including noncompetitive orders of AZN 2,324,000.

The maturity date of Notes is February 27, 2008.