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On March 6, 2025, the Listing Committee of the Baku Stock Exchange (BSE) decided to grant "Admission to Trade" for the bonds of "BANK RESPUBLİKA" OJSC.
The placement of the mentioned securities by competitive auction method will be held on 13.03.2025 at the Baku Stock Exchange.
Note: Bonds are issued in the form of subordinated debt with a maturity of 8 years.
Information on the bonds is as follows:
Name of the issuer | "BANK RESPUBLİKA" OJSC |
State registration number - ISIN | AZ2007002887 |
Type and form of bonds | Unsecured interest bearing bonds |
Trading type/form | Public placement / Competitive |
Number of bonds | 5,000 (pcs) |
Initial trade price | 1,000 USD |
Release volume | 5,000,000 USD |
Annual rate of return | 8.5% |
Payment period | Once every month (taking the number of days in a month as 30 (thirty)) from the date of placement of the first bond, assuming the number of days in a year as 360 (three hundred and sixty) |
Maturity period | 8 years |
Release date for trading | 13.03.2025 |
Underwriter | “ABB-Invest Investment Company” CJSC |
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