NBCO Finance Credit issues bonds first time

09:46 - 3.11.2021

November 3, Fineko/abc.az. Non-bank credit organization Finance Credit LLC is going to issue bonds in the amount of AZN 400,000 for the first time. ABC.AZ reports that speech is about 400 bonds with nominal value of 1,000 manats each. The securities will be placed in a closed way for the two-year period. Their annual yield is 12%. Interests will be paid monthly. The underwriter of the process is investment company CPM-Invest CJSC.

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