Date of auction on Bank Respublika bonds announced

17:51 - 8.06.2022


June 8, Fineko/abc.az. An auction for the placement of Bank Respublika’s bonds for AZN 5 million will take place at the Baku Stock Exchange on 2 July, ABC.AZ reports with reference to the BSE.

Speech is about 5,000 bonds with nominal value of 1,000 manats each. The securities will be in circulation for 2 years.

Their annual yield is 8.5%. Interests will be paid quarterly.

The underwriter of the process is investment company ABB-Invest.

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