A permit issued for circulation of GL bonds

15:26 - 1.12.2025


December 1, Fineko/abc.az. Today, GL OJSC was granted permission to issue bonds for trading by the decision of the Listing Committee of the Baku Stock Exchange.

ABC.AZ informs with reference to the BSE that the auction for the placement of these securities will be held on December 5, 2025.

Information on bonds:

Issuer: GL OJSC

State registration number – ISIN: AZ2039020287

Type and form of bonds: Interest-bearing, unsecured, undocumented, registered bonds

Trading method/form: Mass / single-price auction

Number of bonds: 2,000

Initial bid price: 1,000 manats

Bond issue volume: 2,000,000 manats

Annual yield: 15%

Repayment period: Interests are paid once a month (provided that each month consists of 30 days)

Circulation period: 7 years

Trading start date: 05.12.2025

Underwriter: Investment company Invest-Az OJSC