Placement of additional bulk of the AMF's bonds starts
Azerbaijan, Baku, Nov. 26 /Trend, N.Ismayilova/
On Nov. 29, 2010 next auction on placement interest-bearing registered unsecured bonds of "Azerbaijan Mortgage Fund" (
AMF) will be held at the Baku Stock Exchange ( BSE), AMF reported.
The volume of offering will be 5,000,000 AZN. According to the prospectus the offering will be held through public offering at Baku Stock Exchange CJSC. The bonds will be offered at price of 103.0798.
The maturity date is December 11, 2019. In case the orders exceed offering, all of the orders will be filled proportionally.
Central Bank of Azerbaijan Republic is the initial organizer of bonds' placement.
Official exchange rate on Nov. 26 is 0.8 AZN/USD.