10 February 2012, 19:16 (GMT+04:00)

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Placement of secured bond of Azerbaijan mortgage fund completed

Azerbaijan, Baku, Feb.8 / Trend

The Baku Stock Exchange (BSE) completed placing the second part of interest, registered, book-entry, secured bond of the Azerbaijan Mortgage Fund (AMF), acting under the Central Bank of Azerbaijan worth 3,000,000 manat, the BSE reported

Total amount of bonds presented by three investors hit 7,591,000

The bonds were offered at current price of 100.0632 manat

Total amount of bonds offered in the auction were fully placed. The maturity date is Dec. 11, 2019

The Baku Stock Exchange (BSE) started placing the second part of issue of bonds Feb.1, 2010 and placed bonds worth 6,000,000 manat up to now.

The State Securities Committee registered prospectus of the AMF bonds issue Dec.30, 2009

The committee registered issue of bonds of the AMF in the amount of 75 million under the 3.25 percent per year  

Feb.8, the official exchange rate is 0.8034 manat to $1.

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