6 investors show interest in FINCA Azerbaijan bonds


June 28, Fineko/abc.az. Today, FINCA Azerbaijan held an auction on the placement of interest-bearing registered bonds in the amount of AZN 3 million with 2-year circulation term at the Baku Stock Exchange.

ABC.AZ reports with reference to the BSE that during the auction six investors submitted 6 bids at the price of 100 manats (12.5%). The annual interest rate of the bond is 12.5%, and interest payments are paid to investors every 3 calendar months.

The maturity date of the bonds is June 28, 2024. The underwriter of the placement is investment company AzFinance.