Two investors display interest to Bank BTB’s bonds


June 30, Fineko/ The auction for the placement of Bank BTB’S interest-bearing bonds for AZN 3 million and with circulation term of 6 calendar years has finished at the Baku Stock Exchange.

ABC.AZ reports with reference to the BSE that two applications from three investors were submitted during the auction. The auction price of the bonds is set at 1,000 manats.

The annual interest rate of the bond is 9%, and interest payments are paid to investors every 1 calendar month.

Investment company BTB Capital CJSC is the underwriter of the placement.