"FINCA Azerbaijan" NBCO to place new bonds tomorrow
Tomorrow the Baku Stock Exchange (BSE) will hold an auction on placement of new interest-free, unsecured, undocumented bonds of non-bank credit organisation "FINCA Azerbaijan" (NBCO) with the code AZ2006019205 ISIN, nominal value of USD 2.5 million, with 18-month circulation term. This is reported by the BSE.
The message says that by the decision of the BSE Listing Committee 2,500 bonds with face value from $1,000 were included in the standard segment of the market. Securities will be placed by competitive auction method. They are promised yield of 9% APR. Interest will be paid every 3 months. Underwriter of the offering is the investment company "Unicapital".
Finance
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In 2023, the Central Bank of Azerbaijan sold 2,530 jubilee, commemorative and investment monetary signs. This is stated in the organization's management report on the results of the last year.
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An auction for placement of ordinary, undocumented, registered shares of "Level Leasing" with the code AZ1001025530 ISIN in the amount of 50, 000 manats will be held on the Baku Stock Exchange tomorrow. This is reported by BSE.
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In the first half of 2024, receipts on contributions to compulsory health insurance in Azerbaijan totaled AZN 486.8 million. This was reported by the State Tax Service under the Ministry of Economy.
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In the first half of 2024, the population of Azerbaijan received a nominal income of 39,881.2 million manats. This is reported by the State Statistics Committee.
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