Unibank’s 20 million AZN bonds have been successfully placed

On September 7, 2023, an “Opening Bell” ceremony was held at the Baku Stock Exchange to mark the next bond issuance by Unibank Commercial Bank OJSC.

Bonds with a 12-month maturity, a nominal value of 100 AZN each, and a total volume of 20,000,000 AZN, issued as interest-bearing, unsecured, registered bonds, were successfully placed 100% in the premium market segment of the exchange with the support of “Unicapital Investment Company”. The annual interest rate of the bonds is 11.5%, with interest payments made every 3 months.

The “Opening Bell” ceremony was attended by representatives of Unibank C.B. OJSC as the issuer, Unicapital I.C. as the underwriter, and the Baku Stock Exchange.

They noted that these bonds would play an exceptional role in diversifying financial instruments in the corporate securities market, thereby creating a more fertile investment environment with broader opportunities for investors.

The auction of the “Unibank Bonds” received significant interest from investors, with 52 orders placed by 52 investors. Those who could not participate in the auction can contact Unicapital I.C. to acquire the securities from the secondary market.

For inquiries: https://unicapital.az/elaqe/

It should be noted that Unibank C.B., one of the most established commercial banks in the country for over 30 years, is also the institution that introduced the “mobile-only” (branchless banking - Leobank) principle for the first time in Azerbaijan.