Azerbaijani bank issues bonds in USD 

The Listing Committee of the Baku Stock Exchange (BSE) has included the interest-bearing, unsecured, book-entry bonds of Azerbaijan-based Unibank OJSC, with the face value of $1,000, quantity of 15,000, and total volume of $15,000,000, in the listing of the standard market segment, Report informs, citing the BSE.

The circulation period is 6 years, and the annual YTM is 6%. Annual YTM profitability is 6%. Interest will be paid quarterly. The main underwriter of the process is PASHA Capital Investment Company CJSC, and the sub-underwriter is Unicapital Investment Company OJSC. In addition, those wishing to purchase bonds can apply to other investment companies that are members of the BSE.

The bonds will be placed through a single-price auction on October 26.