Baku: The European Bank for Reconstruction and Development (EBRD) will issue bonds in Azerbaijan for the first time, APA-Economics reports, citing the prospectus of the securities issuance.
According to Azeri-Press News Agency, the Bank will issue bonds totaling 50 million manat. Each bond has a nominal value of 100,000 manat, with a total of 500 bonds being issued.
The bonds will be placed on the “Baku Stock Exchange” CJSC and will be in circulation from October 1, 2025, to October 1, 2026. Interest on these bonds will be paid once quarterly based on the AZIR (Azerbaijan Interbank Rate) index.