An auction was held for the placement of bonds of "GL" OJSC

An auction was held for the placement of bonds of "GL" OJSC.

State registration number AZ2016020284, AZ2015020285, AZ2014020286 interest-bearing, unsecured undocumented bonds with a total value of 600,000 (six hundred thousand), with a maturity of 5 years, were issued on the Baku Stock Exchange on November 7, 2023. (1 year-360 days) calendar day, the placement auction with a nominal value of 1,000 manats has been completed.

During each auction, 1 order was submitted by 1 investor. The annual interest rate of the bonds is 12%, and the interest payment period is once every month (1 month - 30 days).

The total amount of the orders with the auction price of 1,000 manats at the nominal price was 600,000 manats. The volume of bonds placed at nominal price was 600,000 manats.

The underwriter for placement is "INVEST-AZ Investment Company" JSC.