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“Az-Lead” will place bonds worth 1 million manats

By the decision of the Listing Committee of the Baku Stock Exchange (BSE), the standard segment of the market includes bonds of the company ”Az-Lead” with a maturity of 360 days (1 year), with a nominal value of 1 million manats and the ISIN code Az2001025132.

 

This is reported by the BSE.

 

The report says that the bond with a nominal value of 100 manats with 10.000 percent, unsecured, undocumented, will be placed on December 29 by one-price auction. They are promised a yield of 13% per annum. Interest will be paid every 3 months.

 

Underwriter for the placement is the investment company “AzFinance”. However, persons interested in participating in the auction can contact other investment companies that are members of the BSE. The exchange participants’ means of communication are available on the BSE website in the “members” section (https://www.bfb.az/az/baku-fond-birjasinin-uzvlerinin-siyahisi)

 

Source: Turan News Agency