Auction for placement of IBA bonds ended

17:40 - 1.06.2022


July 1, Fineko/abc.az. The International Bank of Azerbaijan (IBA) has placed two-year bonds for AZN 20 million, the Baku Stock Exchange informs.

ABC.AZ reports with reference to the BSE that 9 orders from 9 investors were submitted during the auction.

"The total value of the orders at face value was AZN 20 million. The volume of bonds placed at nominal value of 1,000 manats per security amounted to AZN 20 million," the BSE informs.

The yield is 6% per annum (interests will be paid quarterly).

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