An auction on placement of bonds of Accessbank CJSC was held

On November 29th, 2022, the auction on placement of discounted bonds of Accessbank CJSC with state registration number AZ2004004282 in the amount of 5.000.000,00 dollars at Baku Stock Exchange has been concluded. The nominal value is 1000 dollars and the maturity period is 18 months.

There were 6 bids of 1,000 dollars from 6 investors during the auction. The cut-off price and weighted average price of the bonds were set at 1,000 dollars. The annual interest rate on the bond is 5.5% and the interest payment period is every three (3) calendar months.

The total amount of orders at face value was 5,000,000.00 dollars. The volume of bonds placed at face value was 5,000,000.00 dollars.

The maturity date of the bonds is May 29, 2024.

The underwriter of the offering is Investment company ABB-Invest JSC, sub-underwriter - Investment company UniCapital JSC.