Profitability
Bonds are more profitable than the existing interest rates on deposits offered in foreign currency in the local financial market.
Bond yields
Bonds allow you to get fixed income within the term to maturity. By investing in bonds, you will also be able to profit from the interest and thus, get additional income during given period of time.
Reliability
“AzerGold” CJSC, a public company which makes a huge profit in fast growing mining sector and has a big potential to export highly demanded gold in global market, acts as guarantor for bond holders.
“AzerGold” bonds
AzerGold CJSC, one of the largest exporter of non-oil sector of Azerbaijan issued bonds for the first time in 2020 via Baku Stock Exchange. Being available to the public, these bonds are profitable investment tools.
Key Features of a bond:
Face value – $100 US dollars;
Total bond issue – $20,000,000 US dollars;
Maturity term – 3 years;
Annual interest rate – 4 %;
A Coupon Payment date – every 90 calendar days;
A Coupon payment frequency – quarterly for times a year
The results of auction
Bond placement was realized at Baku Stock Exchange in two tranches by a method of competitive auction;
During the auctions held on the first and second tranches, the demand for bonds exceeded the offer by about 2 times and average weighted prices was determined at 3.35%;
AzerGold bonds, which are considered to be one of the investment tools offered on the most favorable terms in the financial market of our country, have created a reliable and profitable investment and additional income for citizens.