Exchange Sales of Parabank Bonds to Start since 11 October
OREANDA-NEWS. October 10, 2011. Sales of unsecured interest-bearing bonds of Parabank will start on Baku Stock Exchange since 11 October.
BSE reports that the bank’s bonds have been included in non-quotation list.
Within the issue with state number AZ200300380 the bank got a right to issue 10.000 bonds with AZN 1.000 par value. The circulation period is 1800 days. The rate of yield on them is 15% per annum. The placement underwriter is UniCapital.
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