Azerbaijani Mortgage Fund bonds placed
Azerbaijan, Baku, July 22 / Trend /
The Baku Stock Exchange (BSE) will place interest-bearing, book-entry, unsecured and registered Azerbaijani Mortgage Fund bonds worth 3 million manat July 26.
The placement will be held by public subscription.
The bonds will be offered at the current price of 103.6354 manat.
The maturity date is Dec. 11, 2019.
If demand exceeds supply, applications will be processed proportionately.
The Central Bank of Azerbaijan is the placement's primary organizer.
The Azerbaijani State Securities Committee registered the placement of AMF bonds Dec. 30, 2009. The total bond value is 75 million manat.
The BSE has so far placed bonds worth 46 million manat.
The official exchange rate July 22 is 0.8038 manat to $1.