BAKU, Azerbaijan, June 25. The Baku Stock Exchange (BSE) will hold an auction for the placement of bonds of Azerbaijan's Bank BTB on June 28, Trend reports citing the BSE.
A total of 3,000 bonds with a par value of 1,000 manat ($588.58) each with a circulation period of six years and a yield of nine percent will be put up for auction.
The placement underwriter is BTB Capital Investment Company OJSC.
By the decision of the Listing Committee of the Baku Stock Exchange (BSE), Bank BTB's bonds worth three million manat ($1.7 million) were listed in the standard market segment on June 23, 2022.