Non-bank credit organization in Azerbaijan issues dollar bonds

Baku. 27 October. REPORT.AZ/ Financial Markets Control Chamber has registered the issue of bonds of ‘Pro Kredit’ non-bank credit organization (NBCO). Report informs referring to the chamber.

According to information, the NBCO plans to issue 300 ordinary interest unsecured bonds with a nominal value of 1 000 USD. Term of circulation of securities is 24 months, interest rate - 8% per annum. The placement will be carried out by a private subscription.