Bank Respublika bonds included in BSE listing

16:17 - 15.02.2022


February 15, Fineko/abc.az. Azerbaijan’s Bank Respublika plans to issue bonds for AZN 15 million.

The Baku Stock Exchange informs that the issue is divided into 15,000 bonds with nominal value of 1,000 manats per security.

"By BSE Listing Commission’s decision from 15 February 2022, Bank Respublika’s bonds for AZN 15 million were included in the BSE listing in the segment of the standard market," the BSE reports.

The maturity of the bonds is 2 years, the coupon yield is 8.5% per annum (coupon payment is every 6 months).

The bank will use the funds raised from the placement of bonds to expand its loan portfolio and finance a number of projects.

Вся лента