An auction on placement of bonds of Accessbank CJSC was held

15:53 - 14.06.2024


On June 14th, 2024, the auction on placement of bonds of Accessbank CJSC with state registration number AZ2006004280 in the amount of 2.500.000,00 dollars at Baku Stock Exchange has been concluded. The nominal value is 1000 dollars and the maturity period is 18 months.

There were 2 bids of 1,000 dollars from 2 investors during the auction. The cut-off price and weighted average price of the bonds were set at 1,000 dollars. The annual interest rate on the bond is 6.00% and the interest payment period is every three (3) calendar months.

The total amount of orders at face value was 2,500,000.00 dollars. The volume of bonds placed at face value was 2,500,000.00 dollars.

The maturity date of the bonds is December 14, 2025.

The underwriter of the offering is Investment company UniCapital JSC.

AccessBank, a pioneer in the microfinancing market, has been providing services to small and medium-sized enterprises since 2002. The Bank's shareholders include the Asian Development Bank, the European Investment Bank, the International Finance Corporation, and other international organizations and investment funds. With 35 branch offices, including 14 in Baku and 21 in regions, AccessBank continues to offer accessible financing options for MSMEs. For more detailed information on the branh offices, please follow: http://bit.ly/accessbank-filiallar

For more information on the services provided by AccessBank, call 151 or visit the website at www.accessbank.az. You can also follow the bank's social media accounts on Facebook, Instagram, LinkedIn.

*AccessBank CJSC operates under license No. 245 dated 25 October 2002, issued by the Central Bank of the Republic of Azerbaijan. The bank's Head Office is located at 3 Tbilisi avenue, Yasamal district, Baku city.