17:18 - 18.11.2025

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November 18, Fineko/abc.az. On November 5, 2025, the decision of the Listing Committee of the Baku Stock Exchange (BSE) authorized the trading of GL bonds.

The auction for the placement of bonds with ISIN code 2038020288 ended on 18 November 2025, ABC.AZ reports with a link to the BSE.

Information on the bonds:
Issuer Name: GL OJSC
Type and form of bonds: interest-bearing, unsecured, undocumented, registered bonds
Trading method/form: mass/simultaneous auction with single price.
Number of bonds: 2,000 bonds
Initial trading price: 1,000 manats
Bond issue volume: 2,000,000 manats
Coupon interest rate: 15%
Repayment period: Interest payments will be paid once a month (provided that each month is 30 days).
Circulation period: 7 years
Auction price: 1,000 manats
Realized volume: 2,000,000 manats
Total volume of applications (at nominal price): 2,000,000 manats
Number of investors: 50
Number of applications: 50
Underwriter: Invest-AZ Investment Company CJSC