State Securities Committee Registered Bonds of RabitaBank

Business Materials 22 December 2006 20:45 (UTC +04:00)

The State Securities Committee has registered the issue of interest non-guaranteed bonds of Rabitabank Joint Stock Commercial Bank, Trend reports referring to a message spread by BSEX (Baku Stock Exchange). The volume of the issue is 2 mln. AZN.

The face value of each bond has been set at the amount of 200 AZN. The yield on the bonds is 14%, with the circulation period of 720 days.

According to the prospectus of the issue, the bonds will be placed by means of open signing in BSEX. AzeriGazBank Joint Stock Investment Bank will be the underwriter of the forthcoming placement.