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Next auction of AMF’s bonds conducted

Business Materials 28 September 2009 22:08 (UTC +04:00)

Azerbaijan, Baku, September 28 / Trend /

On September 28, 2009 the second auction of interest-bearing registered secured bonds of Azerbaijan Mortgage Fund (AMF) in amount of 3,000,000 AZN was conducted in Baku Stock Exchange (BSE), BSE reported.

The orders were received from 4 investors in total amount of 3,616,000 AZN. The offering was fully placed at current price of 100.8667%. The maturity date of bonds is May 10, 2016.

Placement of AMF bonds started on June 16, 2009, until today $30 million manat bonds were presented to auction and the entire amount of bonds has been fully placed. The total bond totals 55 million manat.

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