One more company to place its bonds at Baku Stock Exchange

17:21 - 29.03.2021

March 29, Fineko/abc.az. Investment company Azfinance is preparing to place its bonds at the Baku Stock Exchange.

ABC.AZ reports that according to the document, speech is about 1,000 unsecured, undocumented registered bonds with par value of 1,000 manats, that is, with discount of AZN 1 million.

The securities will be in circulation for 5 years. It is not provided that the issuer will receive them back during the circulation period. The annual interest rate on the bonds, and the interval at which the interest will be paid, have not yet been disclosed.

 

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