On September 30, 2022, by the decision of the Listing Committee of the Baku Stock Exchange (BSE), the bonds of "Finca Azerbaijan" GBKT LLC with a total value of 3,000,000 (three million) manats were listed in the standard market segment.
On March 16, 2023, the bonds of "Finca Azerbaijan" GBKT LLC will be placed on the Baku Stock Exchange through a competitive auction.
You can get the bond issue prospectus on the BFB website from the section "Profile of issuers" (https://www.bfb.az/az/emitentler).
Information on the bonds is as follows:
The state registration number | Bonds’ type | Amount | Nominal Value | Date of auction | Coupon rate | Period | Term of payment of coupon interest |
AZ2005019206 | Interest bearing dematerialized bond | 30,000 | 100 AZN | 16.03.2023 | 12.5% | 24 months | Every 3 months (assuming that a month has 30 days) |
The underwriter for the placement is AzFinance Investment Company CJSC. Those interested in participating in the auction can apply to investment companies that are members of the exchange. The contact details of the exchange members are posted on the BSE website in the “Members” section (https://www.bfb.az/en/baku-fond-exchange-members-list).
