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Azerbaijan’s bank to issue 7-year bonds in dollars
Finance
- 12 January, 2022
- 12:42
PASHA Bank OJSC is preparing to place bonds in Azerbaijan for $10 million at the Baku Stock Exchange (BSE) CJSC, Report informs.
The bonds will be placed as 10,000 banknotes with a par value of $1,000 each, Report informs.
The securities will be placed by closed subscription method and will be in circulation for seven years. Their annual return is 6%. Interest will be paid annually. The underwriter of the process is PASHA Capital Investment Company.
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