![Three-year Bond Yield at AGBank to Be 12%](https://turan.az/resized/./turan-750-500-resize.webp)
Three-year Bond Yield at AGBank to Be 12%
The State Committee for Securities registered the issue prospectus of interest-bearing book-entry registered bonds of AGBank, for a total of 12 million manat.
According to the prospectus, placement will be conducted by public subscription at the Baku Stock Exchange (BSE).
According to the BSE, the nominal value of each bond is 1 AZN, the period is 3 years, and the annual interest rate is 12%. The underwriter is Pasha Capital LLC.
AGBank has been operating on the banking market since 1992. Its shareholders are 22 businesses and 51 individuals. - 15D -
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