BAKU, Azerbaijan, November 30. The Baku Stock Exchange (BSE) held an auction for the placement of Azerbaijani Unibank's unsecured paperless bonds worth $12 million with a circulation period of six years on November 30, Trend reports referring to the BSE.
According to the exchange, 23 investors submitted 26 bids during the auction.
The auction price of the bonds was set at $1,000, and the average weighted price - $1,000.02 (7.9995 percent).
The annual interest rate is eight percent, and interest payments to investors are made every 90 calender days.
The placement underwriter is Unicapital Investment Company CJSC.
