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Rabitabank Issues Bonds

Business Materials 19 June 2007 17:39 (UTC +04:00)

Azerbaijan, Baku / Trend / The State Committee for Securities registered the issue prospectus of interest-bearing registered book-entry bonds of "Rabitabank" OJSC, the Baku Stock Exchange reports.

The volume of the issue is AZN 2,000,000, the face value per bond is AZN 200, the interest rate on the bonds is 14.5% and the turnover period is 450 days. According to the issue prospectus, placement will be held by initial public offering at the Baku Stock Exchange. "Azerigazbank" JSIB will be the underwriter of the bonds placement.

Those intending to purchase bonds can apply to any organization being a member of the "Baku Stock Exchange" CJSC and have a brokerage license.

The issue prospectus of interest-bearing registered book-entry bonds of "Rabitabank" JSIB will be published on the website of the Baku Stock Exchange.

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