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Baku Stock Exchange lists bonds of Azerbaijan's NBCO

Finance Materials 25 November 2022 10:11 (UTC +04:00)
Baku Stock Exchange lists bonds of Azerbaijan's NBCO
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, November 25. Bonds of Azerbaijan's Viator Micro Credit LLC non-banking credit organization (NBCO) with a total value of 350,000 manat ($205,880) were listed in the standard market segment on November 21, by the decision of the Listing Committee of the Baku Stock Exchange (BSE), Trend reports on November 25 via the BSE.

The bonds will be placed on the Baku Stock Exchange at a single price. The bond auction date will be announced on the BSE website at least two business days before the start of the placement.

A total of 350 bonds with a par value of 1,000 manat ($590) each with a circulation period of 540 days and a yield of 14 percent will be put up for auction.

The placement underwriter is Azerbaijan's Az-Finance Investment Company CJSC.

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