Baku / 22.09.2016 / Turan: Placement of Pasha Bank bonds will take place in several stages, the bank said.
Turan has already reported the Financial Markets Supervision House registered the issue prospectus of Pasha Bank bonds for 50 million AZN. The issue is divided into 500,000 bonds with par value of 100 manats per security.
The bank reported the interest rate on the bonds will be determined by an auction.
‘Three days before the auction there will be detailed information on the amount, the maximum interest rate and the payment time, which will be posted on the official websites of the bank and the Baku Stock Exchange,’ the bank said.
Placement of the securities will be carried out through the Baku Stock Exchange. -----71B
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review