BAKU, Azerbaijan, August 30. By the decision of the Listing Committee of the Baku Stock Exchange (BSE), bonds of CredAgro non-bank credit organization (NBCO) with a total value of 500,000 manat ($294,117) and circulation period of 18 months were listed in the standard market segment on August 30,Trend reports citing BSE.
According to the BSE, 11 investors submitted 11 bids during the auction.
The annual rate was 11 percent, and interest payments are paid to investors every 90 days.
The maturity date of the bonds is February 29, 2024.
The placement underwriter is AzFinance Investment Company CJSC.