Placing Bonds of NBCO FINOKOBOKT Started

The non-bank credit organization FINOKOBOKT has begun placement of bonds amounting to $ 750 thousand.

According to the Baku Stock Exchange (BSE), the upcoming issue is divided into 750 securities with a par value of each being $ 1 thousand.

The bonds are issued for a period of 3 years at a rate of 15% per annum. The accommodation is scheduled to hold securities for public subscription.

Underwriter of bonds placement is JSC Unicapital.

FINOKOBOKTreceived its license in September 2014. The authorized capital of the company is 300 thousand manat, and its shareholders are two individuals. --17D-

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