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Weekly Information Bulletin

20/08/2004 | Baku Stock Exchange
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On July 28th Baku Stock Exchange held the auction for placement of “UniBank” commercial bank’s bonds. Total volume of issue has equaled AzM 5 billion, face value of one bond was AzM 1 million, and coupon rate of return was 9% per annum. The maturity of bonds is 360 days, and the interest will be paid quarterly. The volume of bids placed by 3 participants of the auction on the face value has totaled AzM 3 490 000 000, and the volume of bids met was the same. Non-placed bonds for AzM 1 510 000 000 will be placed on Baku Stock exchange daily.

On July 29th Baku Stock Exchange held the auction for placement of “Atrabank” joint-stock commercial bank’s simple registered shares. Total volume of issue has equaled AzM 2,5 billion, face value of one bond was AzM 2 million. 5 participants have taken part in the auction. Total volume of shares placed on the face value has totaled AzM 1,75 billion, and non-placed shares for AzM 750 million will be placed on Baku Stock Exchange daily.

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