An auction on placement of bonds of BANK “BTB” OJSC was held at Baku Stock Exchange

An auction on placement of bonds of BANK “BTB” OJSC was held at Baku Stock Exchange.

During the period from June 28 to June 30, 2022 (according to the issue prospectus) on the Baku Stock Exchange BANK "BTB" OJSC has a circulation period of 6 (six) calendar years, state registration number AZ2004009448, in the amount of 3,000,000.00 AZN, interest-free, unsecured documents, the auction on placement of bonds has ended.

During the auction 3 orders were submitted by 2 investors. The auction price of the bonds was set at AZN 1,000.00.

The annual interest rate of the bond is 9%, interest payments are made to investors every 1 calendar month.

The total amount of orders at face value was AZN 3,000,000.00. The volume of bonds placed at face value was AZN 3,000,000.00.

The maturity date of the bonds is 28.06.2028. The underwriter for the placement is BTB Capital Investment Company CJSC.