BAKU, Azerbaijan, October 24. Azerbaijan's "CredAgro" LLC non-banking credit organization (NBCO) plans to issue bonds for 500,000 manat ($294,121), Trend reports citing the Central Bank of Azerbaijan (CBA).
According to the bank, the issuance of 5,000 bonds with a par value of 100 manat ($58.82) is expected. The coupon rate is estimated at 11 percent per annum.