Bank Standard’s interest-bearing book-entry bonds registered

Bank Standard’s interest-bearing book-entry bonds registered
# 19 October 2006 12:40 (UTC +04:00)
The State Committee for Securities registered the issue prospectus of interest-bearing book-entry ordinary bonds of Bank Standard CJSC CB.
The volume of the issue is USD 3,000,000, the face value per bond USD 1,000, annual interest rate on bonds 13%, and the turnover period 720 days.
BSE told APA that placement will be held by means of initial public offering at Baku Stock Exchange. Interests on bonds are evaluated from the face value of bonds and paid upon the end of 180 calendar days from the beginning of placement. The final payment of interests is carried out simultaneously with redemption of bonds.
“Standard Capital� LLC will be the underwriter of bonds placement.
Those intending to purchase bonds can apply to an organization being the member of “Baku Stock Exchange� CJSC and having a brokerage license. /APA
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THE OPERATION IS BEING PERFORMED