OREANDA-NEWS. On January 21, 2009 an auction on placement of short-term notes of National Bank with the state registration number 50100321S, total volume AZN 60 000 000, volume put-up to the auction AZN 30 000 000, face value per note AZN 200, and turnover period 28 days was carried out on Baku Stock Exchange, reported the press-centre of Baku Stock Exchange.

Total volume of orders submitted by 8 investors made AZN 32 578 200 at face value. Orders were presented in price range from 99.58% (YTM – 5.42%) to 99.66% (YTM – 4.39%). National Bank set cut off price on competitive orders in the amount of 99.64% (YTM – 4.65%) and weighted average price in the amount of 99.65% (YTM – 4.52%). Volume of Notes realized at face value formed AZN 22 690 000, including noncompetitive orders of AZN 3 990 200. The maturity date of Notes is February 18, 2009.