The third stage of subscription to Bank ABB bonds, which create
new investment and income opportunities for citizens, has been
successfully completed. The 1-year and 2-year bond issues, each
worth AZN 5 million, attracted strong investor interest. The total
volume of applications for both issues amounted to AZN 19,846,100,
which is almost 2 times higher than the total offered issuance
volume.


The total volume of applications for the 1-year bond issue,
offering an annual yield of 9%, amounted to AZN 9,087,900. A total
of 227 investors participated in the subscription for this issue,
submitting 428 applications, of which 425 were fulfilled. As a
result, the applications of 224 investors were satisfied.


For the 2-year bond issue, offering an annual yield of 10%, the
total volume of applications amounted to AZN 10,758,200. A total of
181 investors participated in the subscription, submitting 398
applications, of which 392 were fulfilled. As a result, the
applications of 175 investors were successfully satisfied.


The bonds, with a nominal value of AZN 100, were issued in the
amount of 50,000 units for each issue. The bonds were issued in
registered, interest-bearing, unsecured and book-entry form.
Interest payments to investors will be made on a monthly basis. For
individuals, interest income received from the bonds is exempt from
taxation.


The placement of Bank ABB bonds was carried out on the Baku
Stock Exchange through a public offering subscription method. At
the same time, an opportunity was created for the purchase and sale
of the bonds on the secondary market.







Bank ABB bonds not only provide investors with an opportunity to
earn stable and reliable income, but also make an important
contribution to the development of the country’s capital
market.


The schedule of Bank ABB’s next planned bond issues is available
here. As new issues are announced, the exact dates will also be
published on this page.


Information about Bank ABB’s modern, useful and universal
products and services is available at the Bank’s branches and
offices, on the official website https://abb-bank.az/, through the
Information Centre at 937, as well as on the Bank’s official
corporate social media pages.