An auction on placement of bonds of NBCO Finance for Development LLC was held at Baku Stock Exchange

On August 4th, 2022, the auction on placement of interest-bearing, unsecured uncertificated, registered bonds of NBCO Finance for Development LLC with the state registration number AZ2001024820 with the circulation period of 2 years in the amount of AZN 1,000,000.00 was completed at Baku Stock Exchange.

During the auction, 10 orders were submitted by 10 investors at the price of 100 AZN (12%).

The annual interest rate of the bond is 12%, and interest payments are made to investors once every 30 days.

The total amount of orders at face value was AZN 1,000,000.00.

The volume of bonds placed at face value was AZN 1,000,000.00.

The maturity date of the bonds is 04.08.2024.

The underwriter for the placement is AzFinance Investment Company CJSC.