BAKU, Azerbaijan, Jan. 22
By Nazrin Israfilova - Trend:
An auction will be held for placing bonds of Azerbaijan’s Ferrum Kapital CJSC on Jan. 25, 2022, Trend reports referring to the Baku Stock Exchange (BSE).
According to the BSE, 5,000 bonds with a par value of 1,000 manat ($588) each with a circulation period of one year and a yield of 11.5 percent will be put up for the auction.
The underwriter of the placement is Unicapital Investment Company.
The bonds of Ferrum Kapital with a total value of five million manat ($2.9 million) were included in the listing of the standard market segment on January 14, 2022, upon the decision of the BSE Listing Committee.