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Azerbaijan's Optimal Electronics auctions its bonds via Baku Stock Exchange (PHOTO)

Finance Materials 23 November 2021 10:38 (UTC +04:00)
Azerbaijan's Optimal Electronics auctions its bonds via Baku Stock Exchange (PHOTO)

BAKU, Azerbaijan, Nov. 23

By Sadraddin Aghjayev - Trend:

An auction on placement of bonds of Azerbaijan’s Optimal Electronics LLC has been held at the Baku Stock Exchange, Trend reports on Nov. 23.

At the stock exchange, 2,500 bonds with a par value of 1,000 manat ($588.2) each, worth 2.5 million manat ($1.4 million), were placed with a maturity of three years and an annual rate of 12 percent.

This auction for the placement of bonds is the 21st over the past two years.

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