17:46 - 3.03.2020

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March 3, Fineko/abc.az. An auction for placement of bonds of BTB Bank will be organized.

In compliance with the decision of the Listing Committee of the Baku Stock Exchange (BSE) BTB Bank's bonds were included in the listing in the standard market segment on 3 March 2020.

ABC.AZ reports with reference to the BSE that the auction will take place on 5 March 2020.

The bonds of BTB Bank will be traded in the amount of AZN 2 million. The number of bonds is 2,000, the auction price is AZN 1,000. The maturity of the bonds is one calendar year (365 days), and the annual interest rate is 9% to be paid on the last business day of each quarter in the period from the date of placement.

The bond placement underwriter is BTB Kapital OJSC.