Today.Az » Business » Auction on placement of NBA notes held at BSE
24 August 2006 [09:22] - Today.Az
August 23, an auction on placement of short-term notes of National Bank of Azerbaijan with the state registration number 50103412S was held at Baku Stock Exchange.
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.
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