OREANDA-NEWS. On September 10, 2008 an auction on placement of short-term notes of National Bank with the state registration number 50103619S, 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 8 investors was 45 877 200 AZN at face value. The bid was submitted with the 99.15% (YTM 11.02%) price.

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 99.15% (YTM 11.02%). Volume of Notes realized at face value formed AZN 30.000.000.

The maturity date of Notes is October 08, 2008.