Azerbaijani bank’s unsecured bonds profitability hits 11 percent

Profitability of interest book-entry registered unsecured bonds of Azerbaijani Unibank, registered in December, hits 11 percent, Baku Stock Exchange said. Earlier the State Securities Committee (SSC) of Azerbaijan registered issue prospectus of Unibank worth 20 million manat. Within the issue prospectus, 400 bonds with par value of 50,000 manat each were issued. Turnover period of the bonds is 1,080 days, while interest payment period - 90 days. Underwriter of the issue placement is Unicapital.


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