Auction for placement of GL bonds to be organized

16:47 - 12.11.2025


November 12, Fineko/abc.az. On November 5, 2025, the decision of the Listing Committee of the Baku Stock Exchange (BSE) was made to allow GL OJSC to trade bonds.

ABC.AZ reports with reference to the BSE that the securities placement auction will be held on 18 November 2025.

Information on the bonds:

Issuer name: GL OJSC

State registration number – ISIN: AZ2038020288

Type and form of bonds: interest-bearing, unsecured, undocumented, registered bonds

Trading method/form: mass/one-time auction

Number of bonds: 2,000 bonds

Initial placement price: 1,000 manats

Bond issue volume: 2,000,000 manats

Percentage of annual return: 15%

Repayment period: Interest payments will be paid once a month (provided that each month consists of 30 days).

Circulation period: 7 years

Release date: 18.11.2025

Underwriter: Investment Company Invest-AZ CJSC