Date of auction for TBC Kredit bonds announced

13:01 - 8.07.2022

July 8, Fineko/abc.az. An auction for the placement of TBC Kredit LLC bonds for totally AZN 1 million will be held at the Baku Stock Exchange on 14 June.

ABC.AZ reports with reference to the BSE that according to the document, speech is about 1,000 bonds with nominal value of 1,000 manats each. The securities will be in circulation for 2 years.

Their annual yield is 12%. Interests will be paid every 6 months.

The placement underwriter is investment company AzFinance CJSC.

 

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