Bank Of Baku

Bank of Baku bonds new issue

Bank of Baku bonds new issue
# 24 May 2013 08:32 (UTC +04:00)

 

Baku. Nijat Mustafayev – APA-Economics. Standard Kapital LLC applied to CJSC Baku Stock Exchange (BSE) for inclusion of  Bank of Baku OJSC interest-bearing book-entry registered unsecured bonds to the non-quotation list of BSE.

 

The start of the Bank of Baku OJSC bonds placement is planned to be held beginning from May 24, 2013.

 

Parameters of the issue:

 

State registration number                                       AZ2008005368

Issue volume                                                                 AZN 5,000,000

Quantity of bonds                                                  5,000

Par value                                                              AZN 1,000

Turnover period                                                    38 months

Annual rate of bonds                                             12 %

Coupon payment period                                         6 months (last payment period 2 months)

Underwriter                                                          Standard Kapital LLC

 

Those intending to purchase bonds can apply to an organization being the member of BSE and having a brokerage license.

 

The issue prospectus of bonds of “Bank of Baku” OJSC will be published on the website of Baku Stock Exchange (www.bfb.az) at “Issuers” section.

 

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