TODAY.AZ / Business

Auction on placement of National Bank's short-term bonds held at BSE

13 July 2006 [00:39] - TODAY.AZ
An auction on placement of short-term bonds of National Bank with the state registration number 50102812S was held at Baku Stock Exchange.

BSE told APA that Total volume of bids submitted by the 10 investors made 14,779,000 manats at face value. Bids were presented in price range from 98.96% (YTM – 13.51%) to 99.00% (YTM – 12.99%). National Bank set cut off price on competitive bids in the amount of 98.96% (YTM – 13.51%) and weighted average price in the amount of 98.98% (YTM – 13.25%). Volume of notes realized at face value formed 14,779,000 manats, including noncompetitive bids of 780,400 manats. The maturity date of notes is August 09, 2006.

URL: http://www.today.az/news/business/28109.html

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