BAKU, Azerbaijan, March 11
Trend:
An auction for the placement of bonds of non-bank credit organization Finca Azerbaijan will be held at the Baku Stock Exchange (BSE) on March 15, Trend reports citing the BSE.
A total of 3,000 bonds with a nominal value of 1,000 manat ($ 588.2) each with a circulation period of 2 years and a yield of 12.5 percent annual will be put up for auction.
The placement underwriter is Az Finance CJSC.
Finca Azerbaijan bonds worth 3 million manat ($1.7 million) were included in the listing of the standard market segment on March 1, 2022, by the decision of the Listing Committee of BSE.