On November 1, 2021, the auction on placement of interest-bearing, unsecured uncertificated, registered bonds of the State Oil Company of the Republic of Azerbaijan with the state registration number AZ2002019894 with the circulation period of 5 calendar years in the amount of USD 100,000,000.00 was completed at BCE.
On November 2, 2021, the bonds of the State Oil Company of the Republic of Azerbaijan were launched on the secondary market through the BSE trading platform.
PSG Capital Investment Company CJSC, which has been the underwriter of the bonds of the State Oil Company of the Republic of Azerbaijan since November 16, 2021, is also a market maker appointed by the State Oil Company of the Republic of Azerbaijan in the secondary market and provides their liquidity on the secondary market.
The State Oil Company of the Republic of Azerbaijan (SOCAR) has made a daily purchase and sale obligation on the secondary market for bonds through PSG Capital Investment Company CJSC, a member of the exchange. The bonds put up for sale by investors on the secondary market will be fully secured by the State Oil Company of the Republic of Azerbaijan through quotations provided by the exchange member in accordance with the BSE trading regulations.
