Today.Az » Business » National Bank placed AZN15 million short-term bonds
08 June 2006 [09:53] - Today.Az
An auction on placement of short-term bonds of National Bank with the state registration number 50102312S was held at Baku Stock Exchange yesterday.
Total volume of bids submitted by 9 investors made AZN15167,4 million at face value. As APA reports, bids were presented in price range from 99,30% (YTM – 9,06%) to 99,42% (YTM – 7,50%). National Bank set cut off price on competitive bids in the amount of 99,30% (YTM – 9,06%) and weighted average price in the amount of 99,34% (YTM – 8,54%). Volume of bonds realized at face value formed AZN15 million, including noncompetitive bids of AZN1289,6 million. The maturity date of bonds is July 5, 2006.
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