An auction on placement of bonds of "FINCA AZERBAIJAN" NGO was held at Baku Stock Exchange

On June 28, 2022, at the Baku Stock Exchange, the auction on placement of interest-bearing, unsecured undocumented, registered bonds of “FINCA AZERBAIJAN” NGO with the state registration number AZ2004019207 with the circulation period of 2 (two) calendar years in the amount of 3,000,000.00 AZN was completed.

During the auction, 6 investors submitted 6 orders at the auction price of 100 AZN (12.5%). The annual interest rate of the bond is 12.5%, and interest payments are made to investors every 3 calendar months.

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 June 28, 2024. The underwriter for the placement is AzFinance Investment Company CJSC.