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

On May 23, 2024, the interest-bearing, unsecured undocumented bonds of "GL" OJSC, state registration number AZ2023020285, with a total value of 100,000 (one hundred thousand) manats, with a maturity of 5 years, nominal value of 1,000 manats, were issued on the Baku Stock Exchange. which is, the placement auction has been completed.

During the 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 (assuming that each month is 30 (thirty) days).

The total amount of the orders with the auction price of 1,000 manats at the nominal price was 100,000 manats. The volume of bonds placed at nominal price was 100,000 manats.

The maturity date of the bonds is May 23, 2029.

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