BAKU, Azerbaijan, June 24. The Baku Stock Exchange (BSE) will hold an auction for the placement of bonds of the FINCA Azerbaijan non-banking credit organization (NBCO) on June 28, Trend reports citing the BSE.
A total of 30,000 bonds with a par value of 100 manat ($58.82) each with a circulation period of two years and a yield of 12.5 percent will be put up for auction.
The placement underwriter is AzFinance Investment Company CJSC.
By the decision of the Listing Committee of the Baku Stock Exchange (BSE), bonds of FINCA Azerbaijan NBCO worth three million manat ($1.7 million) were listed in the standard market segment on June 24, 2022.
