Unicapital: The first bond in accordance with international green finance standards is issued in Azerbaijan

Unicapital innovates the capital market to contribute to the development of sustainable investments, providing investors with the opportunity to invest in a cleaner future.

In the coming days, the issuance of high-yield manat bonds presented by Unibank CB OJSC will take place. These securities are financial instruments issued in accordance with international green finance standards.

The interest-bearing, non-documentary, registered, unsecured bonds have a circulation period of 36 months, a nominal value of 100 AZN, an annual interest rate of 11.5%, and a coupon payment period every 3 months. The total issuance volume is 20 million AZN. Additionally, at the end of each year, the bonds can be sold back to the issuer at their nominal value.

The bonds can be acquired by both individuals and legal entities. Investors who want to invest in an ecologically clean future can follow the link for application:

https://unicapital.az/unibank-istiqrazlari-apply/

These bonds, which can be classified as green bonds, are issued with a positive opinion (SPO) of the Astana International Financial Center. It is worth noting that some time ago, Unicapital Investment Company signed a Referral Agreement with the Green Finance Centre under the Astana International Financial Centre (AIFC).

The auction will be conducted at the Baku Stock Exchange using the uniform price auction method (with a nominal price) with underwriting support from Unicapital Investment Company OJSC. Acting as a market maker, Unicapital commits to the daily purchase and sale of these securities on the secondary market.

Funds obtained from the issuance of the bank bonds will be directed towards financing projects aligned with green, social, and sustainability principles, including renewable energy sources, pollution prevention, clean transport, and climate change initiatives.