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Baku Stock Exchange to Hold Auction on Placement of Azerbaijan National Bank’s Notes

Business Materials 27 May 2008 18:40 (UTC +04:00)

Azerbaijan, Baku, 27 May / Trend / On May 29, 2008 from 11:00 to 12:30 an auction on placement of notes of National Bank will be held on BSE.

The state registration number of Notes is 50102119S. The volume of the issue is AZN 40,000,000, volume put-up in auction AZN 30,000,000, face value per note AZN 200, turnover period 27 days. The maturity date is June 25, 2008.

Noncompetitive bids not exceeding 20% of the issue volume are allowed at the auction.

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