Auction on placement of NBA notes held at BSE

As APA reports, total volume of bids submitted by the 5 investors made 8,712,200 manats at face value.

Bids were presented in price range from 98.89% (YTM – 14.43%) to 98.92% (YTM – 14.04%). National Bank set cut off price on competitive bids in the amount of 98.89% (YTM – 14.43%) and weighted average price in the amount of 98.90% (YTM – 14.30%).

Volume of notes realized at face value formed 8,712,200 manats, including noncompetitive bids of 56,600 manats. The maturity date of notes is September 20, 2006.