Bank Of Baku

Akkord completes placement of bond emission

Akkord completes placement of bond emission
# 25 October 2011 09:20 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Azerbaijan-based Akkord Industry Construction Investment Corporation OJSC has completed bond emission placement which registered in November, 2010.

According to OJSC, placement of bonds was carried out in public offering at BSE. Face value of bonds made AZN 50 mln, term of circulation 3 years, annual YTM – 12.5%.
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THE OPERATION IS BEING PERFORMED