Baku:ABB Bank has announced the launch of the next phase of its bond issuance, bringing its eighth and ninth bond issues to the capital market with a total value of AZN 15,000,000. Each bond is valued at AZN 100 and is denominated in Azerbaijani manat.

According to Azerbaijan State News Agency, the eighth bond issue amounts to AZN 5,000,000, with a 12-month maturity and an annual coupon rate of 8.5%. The ninth issue totals AZN 10,000,000, maturing over 24 months with a 9% annual coupon rate. Both issues consist of interest-bearing, unsecured bonds.

Coupon payments for these bonds will be made on a monthly basis, and the bonds will be available through a subscription period of two calendar weeks. ABB Invest is serving as the underwriter and market maker for this issuance. This initiative aims to enhance ABB Bank's presence in the capital market by offering investors a stable and reliable investment option.

In July 2026, ABB Bank successfully completed a previous bond issuance of AZN 5,000,000, which was fully subscribed, highlighting strong investor interest. ABB Bank provides information about its products and services through its branches, official website, Information Centre, and social media.

Source Azerbaijan State News Agency