BAKU, Azerbaijan, November 1. Bonds of Azerbaijan's "EmbaFinans" CJSC non-banking credit organization (NBCO) will be auctioned at the Baku Stock Exchange (BSE) on November 4, Trend reports referring to the BSE.
A total of 1,500 bonds with a par value of 1,000 manat ($588.25) each with a circulation period of one year and a yield of 10 percent will be put up for auction.
The placement underwriter is IBA-Invest Investment Company CJSC.
On October 27, bonds of Azerbaijan's "EmbaFinans" NBCO with a total value of 1.5 million manat ($882,383) were listed in the standard market segment.
