Baku Stock Exchange Approves Trading of GL ASC Bonds Worth AZN 500,000

12:27 - 23.09.2026


September 23, Fineko/abc.az. By the decision of the Listing Committee of the Baku Stock Exchange (BSE), "GL" ASC has been granted a "Trading Authorization" to introduce its bonds worth AZN 500,000  to the market.

The issue consists of 5,000 coupon, unsecured, uncertificated, registered bonds with a nominal face value of AZN 100  per unit, to be placed via a public single-price auction.

The corporate bonds carry a 7-year maturity period with an annual coupon yield of 15%. Coupon interest will be paid to investors on a monthly basis (calculated on a 30-day month convention).

"Invest-AZ Investment Company" CJSC acts as the lead underwriter for the issuance.