17:50 - 19.11.2021

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November 19, Fineko/abc.az. The auction for the placement of interest-bearing, unsecured, undocumented registered bonds of Azerbaijan cargo airline Silk Way West Airline LLC with state registration number AZ2001023517, circulation period of 3 (three) calendar years in the amount of $10,000,000 ended at the Baku Stock Exchange.

ABC.AZ reports with reference to the BSE that 38 orders from 33 investors were submitted during the auction. The annual interest rate of the bond is 5%, and interest payments are paid to investors every 3 calendar months.  

The total amount of orders at nominal prices was $10.655 million. The volume of bonds placed at the nominal price was $10 million.