BAKU, Azerbaijan, Jan. 18
By Nazrin Israfilova - Trend:
The bonds of Azerbaijani Express-C OJSC with a total value of 1 million manat ($588,235) were included in the listing of the standard market segment on January 14, 2022, upon the decision of the Listing Committee of the Baku Stock Exchange (BSE), Trend reports with reference to the BSE.
The bonds will be placed at the BSE at one price. The date of the auction will be announced to the investors on the BSE website at least two working days before the beginning of the placement.
The bonds with a par value of 1,000 manat ($588) each with a circulation period of two years and a yield of 12.5 percent will be put up for auction.
The underwriter of the placement is AzFinance Investment Company.