Bank Standard’s bonds placed

Bank Standard’s bonds placed
# 01 December 2006 16:09 (UTC +04:00)
The sixth bond issue of Bank Standard was placed at the Baku Stock Exchange.
Bank Standard told APA that two nonresident legal entities bought the interest-bearing, secured, book-entry and ordinary bonds.
The volume of the issue is AZN 5,000,000, face value per note AZN 1 000, turnover period 360 days. YTM of the issue will be set at next auctions on securities. /APA/
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THE OPERATION IS BEING PERFORMED