Bank Of Baku

One of Azerbaijan-based NBCOs issues bonds

One of Azerbaijan-based NBCOs issues bonds
# 15 September 2015 15:26 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. On September 16, an auction on placement of unsecured, interest-bearing, book-entry shares of Kred Agro Non-Banking Credit Organization.

 

SCS told APA-Economics that the face value is AZN 250, quantity – 12,000 and volume of the issue – AZN 3,000,000.

 

The bonds will be placed with the annual YTM of 14%.

 

Underwriter is Invest-AZ LLC.

 

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