An auction on placement of bonds of Bank Respublika OJSC was held at Baku Stock Exchange

On June 10, 2022, the auction on placement of interest-bearing, unsecured uncertificated registered bonds of Bank Respublika OJSC with the state registration number AZ2006002888 with the circulation period of 2 (two) calendar years at the Baku Stock Exchange ended.

During the auction, 4 orders were submitted by 4 investors at the price of 1,000 AZN (8.5%). The annual interest rate of the bond is 8.5%, and interest payments are made to investors once every 3 calendar months.

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

The maturity date of the bonds is 10.06.2024. The underwriter for the placement is IBA-Investment Investment Company CJSC.