Next auction of AMF’s bonds conducted
Azerbaijan, Baku, November 2 / Trend /
On November 2, 2009 the second auction of interest-bearing registered secured bonds of Azerbaijan Mortgage Fund (AMF) in amount of 3 million manat was conducted in Baku Stock Exchange (BSE) BSE said on November 2.
The orders were received from 3 investors in total amount of 4,247,000 manat.
The offering was fully placed at current price of 101.1583 percent.
Total volume of bonds was fully placed.
The maturity date of bonds is May 10, 2016.
The Azerbaijani Central Bank is an initial organizer of bonds placing.
Placing of AMF bonds was launched from June 16, 2009. Bonds worth 44 million manat have been presented to the auction up to now. Total volume of bonds was fully placed.
Total volume of issue hits 55 million manat with face value of 1,000 manat each.
On November 2, the official exchange rate is 0.8033 manat.