Today.Az » Business » 1st bonds placement of leasing company planned
09 August 2005 [09:11] - Today.Az
The 1st auction of bonds emitted by leasing company is planned to be held at the Azerbaijan stock market next month.
The total volume of placement will comprise $500,000, Jeyhun Mammadbayli, the head of the Ata AtaLising Company, told Trend.
βIt will come as the first emission of bonds emitted by leasing company in the history of the Azerbaijani stock market. We plan to place emission in the amount of $500,000 at $100 face-value per securities through the Baku stock exchange. The profitability will make up 13%, the term of circulation β 2 years. The placement will take place next month,β Mammadbayli noted.
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