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The issue is divided into 70,000 interest-bearing, registered, unsecured, uncertificated bonds with a face value of 100 manats each.
The bonds will have a maturity of 12 months and a coupon rate of 13 percent per annum. Coupon payments will be made quarterly.
The underwriter for the placement is Unicapital Investment Company. Interested parties can also purchase the bonds through other investment companies that are members of the BSE.
The issuer will not repurchase the securities during the circulation period.
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Embafinans registered a bond issue of 7 million manats