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Azerbaijani company plans to issue bonds

Finance Materials 26 December 2022 13:00 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, December 26. Azerbaijani Az-Lead JSC plans to issue bonds for a total of 1 million manat ($588,235), Trend reports via the Central Bank of Azerbaijan.

According to the bank, the issue is divided into 10,000 bonds with a nominal value of 100 manat for a security with a circulation period of 360 days, and the interest rate is 13 percent per annum (accrued interest on the bonds will be paid every 90 days).

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