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Auction on placement of National Bank notes to be held August 9

09 August 2006 [08:50] - TODAY.AZ
Auction on placement of short-term notes of National Bank with the state registration number 50103212S will be held at Baku Stock Exchange on August 9.

As APA reports, the volume of the issue is AZN 30mn, face value per note AZN 200, turnover period 28 days. The maturity date is September 6, 2006.

Noncompetitive bids not exceeding 20% of the issue volume are allowed at the auction.

The auction will be held according to the agreement signed between Baku Stock Exchange (BSE) and National Bank of Azerbaijan on July 5, 2006.


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