On August 27, 2008 an auction on placement of short-term notes of National Bank with the state registration number 50103419S was carried out on Baku Stock Exchange

On August 27, 2008 an auction on placement of short-term notes of National Bank with the state registration number 50103419S, total volume AZN 30,000,000, volume put-up to the auction AZN 20, 000, 000, face value per note AZN 200, and turnover period 28 days was carried out on Baku Stock Exchange.

Total volume of orders submitted by 8 investors made AZN 12.647.200 at face value.
Orders were presented in price range from 99.08% (YTM – 11.94%) to 99.15% (YTM – 11.02%).

National Bank set cut off price on competitive orders in the amount of 99.08% (YTM – 11.94%) and weighted average price in the amount of 99.12% (YTM – 11.41%). Volume of Notes realized at face value formed AZN 12.647.200, including noncompetitive orders of AZN 200.