15:43 - 8.09.2025

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September 8, Fineko/abc.az. The Baku Stock Exchange (BSE) will host an auction on September 11 for the placement of interest-bearing, unsecured, non-documentary registered bonds issued by the non-bank financial institution BirKart LLC, totaling 2 million manats.

ABC.AZ reports, citing the exchange, that 20,000 bonds with a nominal value of 100 manats each will be offered through a mass subscription method and will remain in circulation for 12 months. The bonds carry an annual yield of 11.5%, with interest paid monthly.

PASHA Capital Investment Company CJSC serves as the underwriter for the auction. Prospective investors can also purchase bonds through other investment companies that are BSE members. The issuer is not obligated to redeem the bonds during their term.