BAKU, Azerbaijan, August 30. Azerbaijan’s International NBCO (Non-Bank Credit Organization) CJSC plans to issue bonds worth two million manat ($1.18 million), Trend reports via the Central Bank of Azerbaijan.
The issue is divided into 20,000 bonds with a face value of 100 manat ($58.8) per security, the circulation period is 18 months, and the coupon rate is 13 percent per annum.