An auction was held for the placement of bonds of "Unibank Commercial Bank" OJSC

An auction was held for the placement of bonds of "Unibank Commercial Bank" OJSC.

On September 7, 2023, placement of 20,000,000 (twenty million) manat interest-bearing, unsecured undocumented bonds of AZN 20,000,000 (twenty million) state registration number AZ2015002028 with a maturity of 360 days and a nominal value of 100 manats at the Baku Stock Exchange The one-price auction has been concluded.

During the auction, 52 orders were submitted by 52 investors. The annual interest rate of the bond is 11.5%, and the interest payment period is every 90 days.

The total amount of the orders at the nominal price was 20,000,000 manats. The volume of bonds placed at a nominal price was 20,000,000 manats.

The underwriter of the placement is "Unicapital Investment Company" OJSC.

The maturity date of the bonds is 01.09.2024.