Placement of another bulk of AMF’s bonds starts
Azerbaijan, Baku, March 6/ Trend /
The Baku Stock Exchange will place the fourth part of interest, book-entry and registered bonds of the Azerbaijan Mortgage Fund under the Central Bank worth 3mln manat March 9, the AMF reported.
The bonds will be offered at the current price (100.3250). According to the prospectus, placement will be conducted by public subscription.
Date of maturity is Dec.11, 2019
If the demand exceeds supply, all applications will be provided in a proportional manner. The Central Bank of Azerbaijan will play a role of the primary organizer of placement.
The State Securities Committee registered issue of the AMF's bonds Dec.30, 2009 The total bond issue is 75 million manat.
The BSE launched placement of the AMF's bonds Feb.1, 2010 and placed bonds worth 9,000,000 so far.
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