BAKU, Azerbaijan, June 8. The Baku Stock Exchange (BSE) will hold an auction for the placement of bonds of Azerbaijan's Bank Respublika on June 10, Trend reports citing the BSE.
A total of 5,000 bonds with a par value of 1,000 manat ($588.58) each with a circulation period of two years and a yield of 8.5 percent will be put up for auction.
The placement underwriter is IBA-Invest Investment Company CJSC.
By the decision of the Listing Committee of the Baku Stock Exchange (BSE), bonds of Azerbaijan's Bank Respublika with a total value of five million manat ($2.9 million) were listed in the standard market segment on June 2, 2022.