Closed Joint-Stock Company Azergold on June 24 was awarded the prestigious CBonds Awards Awards 2021 in the nomination “The best transaction of the primary placement of bonds in Azerbaijan”. The award was awarded to the CJSC for the successful accommodation on the Baku Stock Exchange with the support of the Pasha Bank Azergold Bonds.
CBonds Awards 2021 is established by the Russian CBonds company specializing in the organization of business conferences on financial markets. The premium is awarded annually from 2014 to lead representatives of the post-Soviet bond market by online voting.
The winners of the premium of this year on 13 nominations were announced at the 17th Congress of Bonds of the CIS and Baltic States in St. Petersburg.
Deputy Chairman of Azergold High Farzaliyev, who participated in the ceremony in online format, thanked the organizers of the event, noting that the purpose of the issue of Azergold bonds is to promote the development of the securities market in the country, the creation of profitable and reliable investment opportunities for citizens , as well as diversification of Azergold financial sources.
According to Chairman of the Board of Pasha Bank Taleh Kazimov, the issue of Azergold bonds has become a very important event for the economy and the financial market of the country as a whole. “Award Azergold bonds such a prestigious award can be considered great success not only for the issuer, but also for the securities market of our country and all its participants. Implementation of bonds, recognition of this event by the international expert community will contribute to the permanent increase in the attractiveness of the local market and sustainable development of the economy. Azerbaijan, “said T. Kazymov.
Recall, the annual percentage profitability of Azergold bonds issued by the emission of 20,000,000 US dollars with a nominal value of each of 100 US dollars is 4%. The demand for bonds, whose underwriter has become the investment company PAşA Kapital, exceeded the proposal by about twice, and the average yield was 3.36%.