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Azerbaijan sizes up payments from nation's National Depositary Center on securities

Economy Materials 4 July 2024 17:17 (UTC +04:00)
Azerbaijan sizes up payments from nation's National Depositary Center on securities
Ingilab Mammadov
Ingilab Mammadov
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BAKU, Azerbaijan, July 4. The total amount of securities payments made by the National Depository Center (NDC) of Azerbaijan in the second quarter of 2024 amounted to 1.4 billion manat ($823 million) and $32.6 million, Trend reports.

NDC made payments on notes of the Central Bank of Azerbaijan of 798,700 manat ($469,838), on state bonds in the principal amount of 492,500 manat ($289,715), and on coupons for 95,9 million manat ($56.4 million).

Furthermore, the Central Securities Depository paid 48.2 million manat ($28.3 million) in principal amount, $30,000 to investors on corporate bonds, and 3.3 million manat ($1.9 million) in principal amount, $2.68 million on coupons.

Overall, NDC paid investors 1.3 billion manat ($764 million), $30 million in principal amount, 99.2 million manat ($58.3 million), and $2.6 million on coupons.

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