Today.Az » Business » Auction on placement of NBA's notes held at BSE
21 September 2006 [09:47] - Today.Az
Auction on placement of short-term notes of National Bank of Azerbaijan with the state registration number 50103812S was held at Baku Stock Exchange on Wednesday.
BSE told the APA that the volume of the issue is AZN 40,000,000, face value per note AZN 200, turnover period 29 days. The total volume of bids submitted by the 9 investors made 13 812 200 manats at face value. Bids were presented in price range from 98.80% (YTM – 15.08%) to 98.83% (YTM – 14.70%). National Bank set cut off price on competitive bids in the amount of 98.80% (YTM – 15.08%) and weighted average price in the amount of 98.81% (YTM – 14.95%). Volume of notes realized at face value formed 13 812 200 manats, including noncompetitive bids of 284 400 manats. The maturity date of notes is October 19, 2006.
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