17:32 - 14.07.2022

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July 14, Fineko/abc.az. An auction for the placement of NBCO TBC Kredit LLC interest-bearing, registered bonds with 2-year circulation term for AZN 1 million has been held today at the Baku Stock Exchange.

ABC.AZ reports with reference to the BSE that during the auction four investors submitted 4 bids at a price of 1,000 manats.

The annual interest rate of the bond is 12%, and interest payments will be paid to investors every 6 calendar months.
The maturity date of the bonds is 14 July 2024. The underwriter of the placement is AzFinance Investment Company.