Azerbaijan, Baku, Oct. 26 / Trend /
The next auction of bonds of the Azerbaijani Mortgage Fund (AMF) under the Azerbaijani Central Bank was conducted in Baku on Oct.26.
The second auction of interest-bearing registered secured AMF's bonds of Azerbaijan Mortgage Fund in amount of 3,000,000 manat was conducted in Baku Stock Exchange (BSE).
The orders were received from 4 investors in total amount of 3,495,000 manat.
The offering was fully placed at current price of 101.1000 percent.
The maturity date of bonds is May 10, 2016.
The placement of the AMF's bonds was launched on June 16 and so far bonds totaling 38 million manat were put into auction and were fully placed.
The total amount of emission is 55 million manat, with a nominal value of each bond of one thousand manat.
On Oct. 26, the official exchange rate is 0.8031 manat to $1.
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