GL places bonds for 500,000 manat at Baku Stock Exchange

17:29 - 28.09.2026


September 28, Fineko/abc.az. By Baku Stock Exchange Listing Committee’s decision, the bonds of GL OJSC were put into circulation.

The stock exchange auction for the placement of securities will be held on October 02, 2026.

The total volume of the issue is 500,000 manats, the number of bonds is 5,000, and the nominal price of each is 100 manats. The maturity of interest-bearing, unsecured and undocumented bonds with annual yield of 15% is set at 7 years (2,520 days). Interest payments will be made to the investor once a month (with account of 30 days per month).

Investment company Invest-Az CJSC acts as the underwriter of the process.