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“Unibank” to place bonds on November 30

On November 30, the Baku Stock Exchange (BSE) will hold an auction for placement of “Unibank” bonds with the code IRIN2014002029 in the amount of 12 million US dollars with a 6-year maturity.

 

This is reported by the BSE.

 

The report says that the bonds will be placed by competitive auction.

 

By the decision of the BSE’s Listing Committee, 12,000 bonds with a nominal value of $1,000 or more were included in the standard market segment. They are promised a yield of 8% per annum. Interest will be paid every 3 months. The underwriter for the placement is the investment company “Unicapital

 

Source: Turan News Agency