Auction for placement of GL bonds to be held

12:38 - 26.04.2024

April 26, Fineko/ On April 18, 2024, by the decision of the Listing Committee of the Baku Stock Exchange, GL (your pawnshop brand) bonds totaling 500,000 manats were included in the listing in the standard market segment.

ABC.AZ reports with reference to the BSE that the placement of GL bonds at the BSE on April 29, 2024 will be carried out by the exchange auction method.

The number of unsecured non-documentary bonds with interests is 500, nominal value of each is 1,000 manats, annual interest rate is 12%, the repayment period is once a month, the circulation period is 5 years.

The underwriter for the placement is Investment Company INVEST-AZ CJSC.

Persons interested in participating in the auction can contact BSE member investment companies.