BSE Launches Placement of Bank Nikoil Bonds

JSC Investment Commercial Bank Nikoil placed debentures totaling $5 million at the Baku Stock Exchange. The total issue is 5 thousand bonds with par value of $ 1 thousand.

According to the BSE, anyone can purchase investment securities of the credit organization at an annual rate of 9.5%. The bonds are calculated on outstanding during the year. The placement underwriter is AzFinance Invest.

Earlier the State Securities Committee (SSC) registered the issue prospectus of the bank's bonds with ISIN code AZ2002006107. --17D-

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