State Committee for Securities registered the issue prospectus of interest-bearing book-entry registered bonds of FinansLizinq, for a total amount of 500 000 manat.
As the State Committee said, according to the prospectus, the offering will be conducted by public subscription on the Baku Stock Exchange.
Most recently, in January of this year, the state registered the prospectus of non-certificated interest unsecured bonds for a total amount of 400 manat, while the term of the securities was 720 days and the interest rate was 14%. -15B -
Economics
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Azerbaijan has dispatched its first rail cargo shipment from Baku to China, marking a significant milestone in its ambitions to become a critical hub along the Middle Corridor. The Azerbaijan Railways (ADY) confirmed on Sunday that the inaugural "Baku-Xi'an" export block train, comprising 62 40-foot containers, has begun its journey.
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Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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