Azerbaijani Mortgage Fund bonds' 78 percent placed
Azerbaijan, Baku, Sept. 20 / Trend /
The Baku Stock Exchange (BSE) placed interest-bearing, book-entry, unsecured and registered Azerbaijani Mortgage Fund bonds worth 5 million manat.
Total amount of applications submitted by three investors, hit 5,098 million manat par value. The bonds were offered at the current price of 102,484,7 manat.
The total amount of bonds offered at the auction was fully placed. The maturity date is Dec. 11, 2019.
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 59 million manat or 78 percent.
The official exchange rate is 0.3033 manat to $1 Sept. 20.