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Azerbaijani NBCO eyes issuing bonds

Finance Materials 7 September 2022 13:27
Baku, Azerbaijan Trend News Agency
Azerbaijani NBCO eyes issuing bonds

Azerbaijan's Optimal Finance LLC Non-Bank Credit Organization (NBCO) plans to issue bonds worth two million manat ($1.17 million), Trend reports via the Central Bank of Azerbaijan.

The issue is divided into 20,000 bonds with a face value of 100 manat ($58.8) per security, the circulation period is 18 months, and the coupon rate is 13 percent per annum.

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