Azerbaijan, Baku, Dec. 10 / Trend, N.Ismayilova/
The Azerbaijani Mortgage Fund's (AMF) last issue of interest-bearing non-documentary unsecured bonds worth 5 million manat under the Central Bank of Azerbaijan will be placed at the Baku Stock Exchange (BSE) from Dec.13.
According to the issue, placement will be held by public subscription.
The applications will be submitted at the current price of 103.1992 percent.
The maturity date of the bonds 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.
The Azerbaijani State Securities Committee registered the placement of the bonds on Dec. 30, 2009. The total bond value is 75 million manat. The BSE has so far placed bonds worth 70 million manat.
The official exchange rate is 0.7990 manat to $1 Dec.10.