On December 24, 2024, the auction for the placement of bonds of the International Bank of Azerbaijan OJSC has been completed at the Baku Stock Exchange.
Details of the bonds are as follows:
Name of the issuer | International Bank of Azerbaijan OJSC |
State registration number - ISIN | AZ2002004581 |
Type and form of bonds | Bond interest bearing, unsecured title |
Trading type/form | Public placement / competitive |
Number of bonds | 1,000,000 (pcs) |
Initial trade price | 100 AZN |
Issue volume | 100,000,000 AZN |
Coupon rate | 11% |
Minimum price | 100 (11.00%) AZN |
Maximum price | 100 (11.00%) AZN |
Cutting price | 100 (11.00%) AZN |
Average price | 100 (11.00%) AZN |
Realized volume | 100,000,000 AZN |
| Total volume of order (at nominal price) | 100,000,000 AZN |
Number of investor | 9 |
Number of order | 9 |
Payment period | (taking the number of days in a year as 360 (three hundred and sixty) and the number of days in a month as 30 days) every 3 (three) calendar months |
Period | 24 months |
Underwriter | “ABB-Invest I.C” CJSC |