BSTDB bonds to be placed at basic market segment
26.7.2019

The Listing Committee of the Baku Stock Exchange (BSE) has held a meeting today.

Report informs citing BSE that it was decided to add the bonds of the Black Sea Trade and Development Bank (BSTDB) to the listing at the basic market segment.

On July 16, the Financial Markets Supervisory Authority (FIMSA) registered the bonds of the Black Sea Trade and Development Bank (BSTDB) with the face value of AZN 1,000, quantity – 10,000. The securities will be placed in public offering next month. Annual YTM will be 9.25% and period of circulation is 730 days. Interest payments will be done once a quarter.