BAKU, Azerbaijan, August 30. The Baku Stock Exchange (BSE) will hold an auction for the placement of bonds of Kepez LLC non-bank credit organization (NBCO) on September 1, Trend reports citing BSE.
A total of 1,000 bonds with a par value of 1,000 manat ($588) each with a circulation period of 48 months and a yield of 16 percent will be put up for auction.
The placement underwriter is AzFinance Investment Company CJSC.
By the decision of the Listing Committee of the Baku Stock Exchange (BSE), bonds of Kepez LLC NBCO worth 2 million manat ($1,176) were listed in the standard market segment on August 26, 2022.